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Research and Development Enterprises

Research and Development Enterprises (R&D Enterprises) are organizations focused on innovating and improving products, services, or technologies through systematic study and experimentation. They invest in research to discover new ideas or enhance existing ones and work on developing these innovations into marketable solutions. R&D is crucial for driving advancements in various fields, ranging from medicine and technology to engineering and environmental science. These enterprises often collaborate with universities, government agencies, and other businesses to foster innovation and stay competitive in the market.