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Cycle of research and development Spending on research and development as share of GDP (2015). Research and development (R&D or R+D) [1] is the set of innovative activities undertaken by corporations or governments in developing new services or products.
Often, CSOs exist in heavily research-oriented companies; while CTOs exist in product development focused companies. The typical category of research and development that exists in many science and technology companies can be led by either post, depending upon which area is the organization's primary focus.
The chief research officer (CRO), research officer, or research director is a job title commonly given to the most senior executive in an enterprise responsible for the research that supports enterprise goals. Generally, the CRO reports to the chief executive officer.
A chief product officer (CPO), sometimes known as head of product or VP of product, is a corporate title referring to an executive responsible for various product-related activities in an organization. The CPO is to the business's product what the CTO is to technology. They focus on bringing the product strategy to align with the business ...
The CBDO is expected to have a broad and comprehensive knowledge of all matters related to the business of the organization with an eye towards identifying new sales prospects and driving business growth and requirements for product development that will be coordinated with R&D functions. [1] Responsibilities can include:
Product development in the context of textiles means developing and manufacturing new products that meet the requirements of serviceability as per user and target market while taking care of timelines, sell-ability, and profitability. It could be a new product altogether or an improvement or modification to an existing company's or a competitor ...
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