Research and Development (R&D) Aid

Research and Development (R&D) Aid refers to financial or technical assistance provided to organizations or countries to support innovative projects and the development of new technologies. This aid can come from governments, international organizations, or private sector investors and aims to boost scientific research, enhance product development, and improve processes. By funding R&D, these initiatives strive to foster innovation, increase competitiveness, and address societal challenges like healthcare, environment, and energy efficiency. Ultimately, R&D aid helps unlock new ideas and solutions that can lead to economic growth and improved quality of life.