Research and Development

R&D is as important for businesses or industries as the rudder is important for ship because it provides influential information and understandings, leads to improvements to existing processes where efficiency can be augmented and costs reduced. It lets the businesses to develop new products and services to allow it to persist and flourish in competitive marketplaces.

Moreover, it is no denying the fact that the research and development (R&D) is a vital teamster of economic growth as it spurs innovation, invention, and progress. Nowadays, R&D dominates industry sectors such as biotech & pharmaceuticals and information, computer technology and in many other fields and spheres of life.