Research and Development Corporation (RDC)

A Research and Development Corporation (RDC) is an organization dedicated to creating new knowledge, technologies, or products through scientific and innovative efforts. It typically funds, manages, or conducts research projects to solve complex problems or develop advancements that can benefit industries, society, or the economy. RDCs often collaborate with universities, government agencies, and private companies, serving as an intermediary that transforms research ideas into practical applications. Their goal is to foster innovation, support technological progress, and help bring breakthroughs from concept to market-ready solutions.