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Few dedicated management models for R&D exist. Among the more popularized ones are Arthur D. Little's Third generation R&D management, [5] the Development funnel, [6] the Phase–gate model All these models are concerned with improving R&D performance and result productivity, managing R&D as a process, and providing the R&D function with an environment in which the inherent technological and ...
Research and development (R&D or R+D), [1] known in some countries as experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. [2] [3] [4] R&D constitutes the first stage of development of a potential new service or the production process.
Drug development is the process of bringing a new pharmaceutical drug to the market once a lead compound has been identified through the process of drug discovery.It includes preclinical research on microorganisms and animals, filing for regulatory status, such as via the United States Food and Drug Administration for an investigational new drug to initiate clinical trials on humans, and may ...