research-development

Vocabulary Word

Definition

'Research-development', often called 'R&D', is a field in a company where they come up with new ideas and improve their products or services. It's like a company's special team for creating and bettering stuff.

Examples in Different Contexts

In renewable energy, research and development aim to improve energy efficiency and develop sustainable energy sources. An energy scientist might explain, 'Our research development projects are exploring new materials for solar panels that could significantly increase energy conversion rates.'

Practice Scenarios

Aerospace

Scenario:

The rise in global air travel demands a shift toward more efficient and sustainable aircraft designs.

Response:

Our R&D team is already on it, working to develop aircraft designs that are more fuel-efficient.

Business

Scenario:

The project we have embarked on requires significant creativity and intellectual input. This is definitely not status-quo territory.

Response:

Agreed, we should loop in our research-development team to brainstorm some inventive solutions.