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Does R&D mean it must be practical, or can it by purely research oriented?

April 26, 2017mean Oriented practical purely Research

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Does R&D mean it must be practical, or can it by purely research oriented?

1 Answer

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10 Posted

The achievement should be both innovative and practical. If the achievement is research oriented, then it needs to have valuable commercial potential. If the achievement is in the novel application of IT using existing technologies, then there must be significant market opportunity.