R&D in Engineering

Paper Summary:

This paper examines how, from an engineering perspective, R&D is normally defined as the search for and discovery of new knowledge about products, processes, and services, and then applying that knowledge to create new and improved products, processes, and services that fill market needs. It looks at how every major company has an R&D department, usually with a budget separate from that in the production area, and how such a department is critical to companies, especially with the increased global competition and reduction of resources.

From the Paper:

"Research is often conducted by one person or a few individuals working together, rather than in large groups. The main directive is very narrow, rather than broad goals. Development, however, is normally a team project that necessitates high efficiency and close coordination for cost effectiveness and time/deadline concerns. Engineers must keep to strict methodological parameters. The increasing complexity in technology such as computerized components or artificial intelligence demands a rigorous and systematic approach to the planning and conduct of research and development projects. Few companies can remain in business without continual innovation, and this requires stringent coordination and communication between engineering, manufacturing and R&D. Research and development contribute the information for a product and engineering supplies the skills to design and produce it (Maynard 2-3)."

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