R&D Expenditure
Definition
R&D Expenditure refers to the amount of money a company invests in its research and development activities, aiming to innovate and develop new products or services.
Benefits
R&D expenditure reflects a company`s investment in innovation, aiming to create new products or services.
Frequently Asked Questions
What is R&D expenditure? R&D expenditure is the budget a company dedicates to research and development, aiming to innovate or enhance products and services.
What is R&D in a company? R&D (Research and Development) is a company`s effort to create new products, services, or improve existing ones.
What is the meaning of R&D in investment? R&D stands for Research and Development, referring to activities aimed at creating new products or improving existing ones.
Summary
R&D expenditure fuels innovation and the creation of new products.