Research and Development Council

A Research and Development (R&D) Council is a group within an organization or an industry that guides and oversees innovation efforts. Its purpose is to coordinate research projects, allocate resources, and set strategic priorities to develop new products, improve existing ones, or create new technologies. By fostering collaboration among scientists, engineers, and stakeholders, the council aims to drive growth, stay competitive, and bring scientific advancements into practical applications. Essentially, it acts as a central body that ensures the organization’s innovation activities align with its goals and market needs.