Research and Development Processes

Mats Larsson

Chapter 9 in The Limits of Business Development and Economic Growth, 2004, pp 79-80 from Palgrave Macmillan

Abstract: Abstract Research and development is done in many different ways in different industries. In some cases R&D is approaching practical limits of time, cost and capacity as in several of the situations mentioned above for mobile phones and PCs. In other situations development is done with the aim of improving products towards goals of beauty, style and fashion. These goals are often not quantifiable and the standards against which the result is measured may change. There may be no clear limits to how far the beauty of a car or the style of a dress can be developed.

Date: 2004
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DOI: 10.1057/9780230511439_10

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