The financial definition for Research and development (R"D)>:
Development of new products and services by a company in order to obtain a competitive advantage.
Similar Matches
Import substitution development strategy
Import substitution development strategy A development strategy followed by many Latin American countries and other
LDCs that emphasize import
substitution-accomplished through protectionism-as the route to economic growth.
International Bank for Reconstruction and Development (IBRD)
International Bank for Reconstruction and Development (IBRD)
International Bank for Reconstruction and Development (IBRD) Also commonly called the World Bank. It is a United Nations affiliated institution that assists in the development of its poorer members by facilitating private investments, and by making and guaranteeing loans.