Why having R&D is necessary for any company ?

Why having R&D is necessary for any company ?

For improvement in any field specially chemistry we need updated knowledge about it which we call it latest data from experiments , for this important we need this unit to distinguish  latest technology in producing quality commodities , historically we had  renaissance to revolt in new era in the name of technology and knowledge  .Without research manufacturing is not possible , 

Research and development

R and D means research and development, it plays a very important role in business success and helps business endurance. Research and development is the discovery of new knowledge about products, processes and services and the application of knowledge to create new and developed products, processes and services that meet market needs. Research and development (R&D) has a direct impact on innovation, productivity, quality, standard of living, market share and other factors that increase the competitiveness of organizations. The R&D unit is the heart of a company or organization and the role It is the technological nutrition of the company in line with the progress of science and knowledge and the demands of management. Research and development units should seek technology and innovation. at 1960 for first time some companies used these units...

The goals of the research and development unit, which is to try to achieve the desired level for an organization, are based on the priorities and needs of that organization in a coherent framework, some of which can be named as follows.

Research and development goals

  1. Production of new product or products and quality improvement.
  2. Generate new knowledge to develop products and optimize processes.
  3. Fast profit returns ,fast performance improvements.
  4. Discover and understand market opportunities and needs.
  5. Responding to the needs and wants of consumers and creating well-being and comfort for people .
  6. Strong participation in knowledge and learning processes.
  7. Improving the efficiency of human resources, which ultimately increases peoples income.
  8. Increasing the competitive force in domestic and foreign arenas and active presence in global markets.
  9. Improving the level of self reliance .
  10. research to reduce production waste and find smart solutions to reduce production costs.
  11. Accurate analysis of the status of existing products and detailed analysis of effectiveness of current programs and existing personnel.