eHow launches Android app: Get the best of eHow on the go.
Virtually every company that is engaged in manufacturing consumer and business goods uses research and development (R&D). According to Investopedia, the average company spends between 3 and 5 percent of its budget on research and development activities. However, in industries such as pharmaceuticals and software manufacturing,... more »
Because most businesses are dependent upon new product development to stay competitive in the marketplace, the occupational outlook for jobs in research and development is excellent. Research and development technicians, scientists and engineers work in a variety of industries and capacities. more »
There are several aspects of the research and development worker's responsibilities. One aspect is research, and the worker may focus on this aspect for several days or weeks at a time, depending on the employer's focus. Because product lines can quickly become outdated with today's fast-moving technology, research may involve market... more »
Professionals in the textile industry work with linen, clothing garments and accessories, as well as with furniture and upholstery. Careers in the industry and cover a broad range of products and services. Jobs include press operators, dry cleaners, tailors, machine setters, shoe repair persons, dye operators, knitters and fashion... more »
Working in research may sound boring to some, but to people who seek out research careers, the jobs available are exciting. They offer intellectual stimulation and allow people to be involved in the newest work in a field. These jobs require patience and persistence, however, as there are not an abundance of research jobs available,... more »
Research and development is a massively important part to any business strategy. A team of...
Government grants can help you start a new business, pay for education or even find the cure...
Spreadsheets have a variety of uses, all of them important and not at all boring. Whether you're...
Many people work in the textiles industry and may not even know it. Certain types of chemists,...
Research and development (R&D) of new products is of vital importance to a company's long term viability. This is why the majority of medium... more »
Research and development jobs are primarily scientific and medical in nature, but R&D jobs are found in most manufacturing companies. Cosmetics... more »
Research and development jobs are great for people who like to problem solve, who like to experiment and who like to make things bigger and... more »
Research and development professionals work in a variety of environments. Some work in clean rooms, while others work in rooms filled with... more »
Research and development is an exciting career field. It puts you in charge of product and technology innovations that make modern life safer and... more »
Research and development jobs are available in every company. If this is a career that you are interested in, then you must make sure you are... more »
The phrase research and development (also R and D or, more often, R&D), according to the Organization for Economic Co-operation and Development, refers to "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications" "fn_1">OECD .
R&D
New product design and development is more often than not a crucial factor in the survival of a company. In an industry that is fast changing, firms must continually revise their design and range of products. This is necessary due to continuous technology change and development as well as other competitors and the changing preference of customers.
A system driven by marketing is one that puts the customer needs first, and only produces goods that are known to sell. Market research is carried out, which establishes what is needed. If the development is technology driven then it is a matter of selling what it is possible to make. The product range is developed so that production processes are as efficient as possible and the products are technically superior, hence possessing a natural advantage in the market place.
R&D has a special economic significance apart from its conventional association with scientific and technological development. R&D investment generally reflects a governments or organizations willingness to forgo current operations or profit to improve future performance or returns, and its abilities to conduct research and development.
In 2006, the worlds four largest spenders of R&D were the United States (US$343 billion), the EU (US$231 billion), China (US$136 billion), and Japan (US$130 billion). In terms of percentage of GDP, the order of these spenders for 2006 was China (US$115 billion of US$2,668 billion GDP), Japan, United States, EU with approximate percentages of 4.3, 3.2, 2.6, and 1.8 respectively. The top 10 spenders in terms of percentage read more at » http://en.wikipedia.org/wiki/Research+and+development
Connect with people who share your interest by joining one of our Groups:
How to Treat Lice with Olive Oil
How to Pitch New Inventions to Kevin Harrington
Jazz Dance Step Combinations
How to Get Fired Gracefully
How to Stop a Shopaholic
How to Drive Defensively During the Holidays
Wonders of the World
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.
