Research & Development (R&D) refers to the process of investigating and experimenting with new ideas, technologies, and products in order to enhance or create new ones. It involves a combination of scientific research, engineering design, and market analysis to discover and develop innovative solutions that can meet the needs of consumers and society as a whole. R&D is essential for the growth and success of many industries, as it allows companies to stay competitive, expand their offerings, and create new opportunities for growth. It is a dynamic and ever-evolving field that requires creativity, innovation, and a willingness to take risks in order to achieve breakthroughs and make meaningful contributions to the world.
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