Image for Research and Development Management

Research and Development Management

Research and Development Management (R&D Management) refers to the strategic oversight of activities aimed at developing new technologies and improving existing ones. Within the context of Technological Innovation Management, it focuses on guiding projects from idea generation through research and testing to commercialization. This involves coordinating teams, allocating resources, and assessing risks to foster innovation effectively. The goal is to create competitive advantages for organizations by delivering novel solutions that meet market needs while balancing creativity with practical implementation. Effective R&D management is crucial for driving progress and sustaining growth in technology-driven industries.