research and development
Creating new products
Research and development is the work organizations do to create new products, services, or knowledge—often shortened to R&D.
Research discovers possibilities; development turns them into something usable.
Companies invest in R&D to stay competitive: The pharmaceutical company spent billions on research and development.
R&D departments are where innovation happens before products reach the market.
Sudden important advance
- discoveryAct of finding something
- inventionNew device or method
- paradigm shiftWholesale replacement of frameworks
- game-changerSomething transforming everything
pioneering · trailblazing · groundbreaking · eureka · novelty · patent · intellectual property · proof of concept
First functional specimen
- iterationRepeated procedural pass
- experimentationSystematic testing of ideas
- feasibility studyAssessment of project practicality
- testingExamining to evaluate
validation · refinement · optimization · pilot program · trial · methodology · documentation · replication
Facility for scientific investigation
- hypothesisTestable proposed explanation
- empiricalBased on observation, not theory
- data analysisSystematic information interpretation
- quantitativeConcerning measurable amounts
qualitative · clinical trial · experimental design · control group · variables · literature review · theoretical framework · biomedical
Documented product parameters
- CADTechnical drawing technology
- simulationImitation of real processes
- fabricationDeliberately untrue statement
- hardwareMetal goods and fittings
software · electronics · robotics · automation · reverse engineering · tolerances · reliability · durability
Startup growth financing
- seed moneyInitial business financing
- angel investorIndividual funding early-stage companies
- grantBestow or award money
- capitalizationUsing big letters properly
equity · endowment · budget allocation · financial backing · return on investment · risk assessment · due diligence · startup
breakthrough
Sudden important advance
- discoveryAct of finding something
- inventionNew device or method
- paradigm shiftWholesale replacement of frameworks
game-changer · pioneering · trailblazing · groundbreaking · eureka · novelty · patent · intellectual property · proof of concept · disruptive technology
prototype
First functional specimen
- iterationRepeated procedural pass
- experimentationSystematic testing of ideas
- feasibility studyAssessment of project practicality
testing · validation · refinement · optimization · pilot program · trial · methodology · documentation · replication · peer review
laboratory
Facility for scientific investigation
- hypothesisTestable proposed explanation
- empiricalBased on observation, not theory
- data analysisSystematic information interpretation
quantitative · qualitative · clinical trial · experimental design · control group · variables · literature review · theoretical framework · biomedical · pharmaceutical
technical specifications
Documented product parameters
- CADTechnical drawing technology
- simulationImitation of real processes
- fabricationDeliberately untrue statement
hardware · software · electronics · robotics · automation · reverse engineering · tolerances · reliability · durability · manufacturing
venture capital
Startup growth financing
- seed moneyInitial business financing
- angel investorIndividual funding early-stage companies
- grantBestow or award money
capitalization · equity · endowment · budget allocation · financial backing · return on investment · risk assessment · due diligence · startup · incubator
- engineeringengineers, civil engineering, engineering, electrical engineering, blueprint
- market economicsmonopoly, oligopoly, perfect competition, duopoly, monopsony
- tax deductionsdeductions, tax deductions, exemptions, standard deduction, itemized deductions
research and developmentmanufacturing
Industrial product creation
production · mass production · commercialization · assembly · fabrication
research and developmentoperations
Planned systematic activities
day-to-day operations · maintenance · business as usual · legacy support
research and developmentimplementation
Putting plans into effect
deployment · application · execution · rollout · practice
research, development, researcher, researched, researching, researchers, researches, researchable, re-searched