What is Research and Development?
According to the Frascati Manual¹: "Research and development activities include creative work undertaken in a methodical way to increase the stock of knowledge - including knowledge of humankind, culture, and society - and to create new applications for existing knowledge".
Research and Development is a creative activity aimed at expanding the stock of knowledge and using this knowledge to create innovations. It requires an interdisciplinary approach, combining knowledge from different fields of science and technology. The diversity of R&D projects is enormous - from basic research to experimental prototyping to the development of advanced technologies and application solutions.
The definition and scope of Research and Development (R&D) activities encompass a broad spectrum of activities that share a common goal: to extend the frontiers of knowledge and to use this knowledge to create new, innovative solutions.
For an activity to be considered R&D, it must meet five basic criteria, it must:
- innovative,
- creative,
- unpredictable,
- methodical,
- transferable or reproducible.