
Corporate R&D Strategy
Corporate R&D strategy refers to how a company plans and manages its research and development activities to innovate and improve its products or services. This strategy guides investment in new technologies, product design, and problem-solving initiatives to gain a competitive edge in the market. By aligning R&D with business goals, a company can create value, respond to customer needs, and adapt to industry changes. Effective R&D fosters creativity and helps businesses stay relevant, driving growth and sustainability through innovation.