Last edited 31 Dec 2019

Research and development

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[edit] Introduction

Research and development (frequently identified by the letters R&D) is a term which covers all activities that aim to create innovative new products and processes with the aim of bringing them to market. R&D can also be used to improve existing products and services.

Large companies and corporations may invest significant amounts in R&D as the creation of new, innovative products could give them an advantage in the market place, both in terms of generating profits from sales and enhancing their prestige.

Many large and medium-sized corporations have departments which focus solely on R&D and are staffed by engineers, research scientists, designers and so on. Other companies may outsource their R&D to specialist research organisations, either because they do not have the in-house experts and/or equipment to undertake the research or because it is cheaper to do so.

[edit] Government assistance

Governments may commission research organisations to undertake R&D in specific fields, e.g researching water distribution efficiency. In many cases, R&D results in innovations that benefit society. In addition, the UK government gives tax relief on research and development and provides other incentives and grants to businesses to help bring new products to market, to develop new processes, or to improve existing products or processes.

The Department for Business, Innovation and Skills defines R&D as activities that ‘directly contribute to achieving an advance in science or technology through the resolution of scientific or technological uncertainty’.

R&D tax relief should be considered at the start of a project as it can have a significant impact on costs and may even determine whether a project is feasible or not. For further information see research and development tax relief.

In the UK construction industry, numerous organisations exist to carry out R&D, either generally or in a specific area, for example:

Some of these organisations open up their facilities for the benefit of both government and commercial organisations.

[edit] Innovate UK

Innovate UK is the UK’s innovation agency. It works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy, delivering productivity, new jobs and exports. Its aim is to keep the UK globally competitive in the race for future prosperity.

For more information see: Innovate UK.

[edit] Construction

The construction industry is frequently criticised for spending less on research than other comparable industries. For more information see: Research.

[edit] Related articles on Designing Buildings Wiki

[edit] External references