Business A-Level
research and development
What research and development means in Business A-Level, as defined for AQA.
Definition of research and development
Check what you remember
Read the wording for your board, then hide it and explain research and development in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A formal route to innovation that can produce a breakthrough, but is a high-risk investment with long time lags and no guarantee of success.
Topics that use research and development
- Assessing innovation (AQA A-Level)
Related terms
- average rate of return
- benchmarking
- capacity and quality
- competitive pressure
- funding and cash flow
- intrapreneurship
- Kaizen
- managing resistance
Using research and development in the exam
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