Examlex
The over-the-counter markets:
Applied Research
focuses on applying existing scientific knowledge to solve practical problems and develop new technologies or techniques.
Business R&D
Research and Development (R&D) activities undertaken by businesses to innovate and develop new products, services, or processes.
Innovation
The introduction of new ideas, products, or methods, often leading to enhancements in efficiency, productivity, or quality.
Basic Research
Research conducted to increase fundamental knowledge and understanding, without specific applications in mind.
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