Introduction to R&D Function

Abstract

This chapter gives a brief introduction to R&D. The comprehensive role of research, development, science, engineering, and technology is based on the type of research activities undertaken in different organizations of India. This chapter also attempts to provide R&D categorizations in India under a global context. Further, we have discussed the functions of R&D, developmental activities, and its role in management. Finally, the chapter offers a wide range of operational definitions of R&D and developmental phases of R&D management in an organizational context.

Learning Objectives: To understand the role of R&D; to differentiate terms such as research, development, science, technology, and engineering; to understand the terms from the perspective of organizational context and application situation; to categorize R&D to view India in a global context.