(In industry) work directed towards the innovation, introduction, and improvement of products and processes.
- Possible measures include giving oil and gas exploration the same status as industrial research and development.
- The company spent a lot of money on research and development and new products were coming on stream, but not fast enough.
- He said the company would continue to invest in research and development and build its product range.
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Line breaks: re|search and de¦vel¦op|ment
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