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TeachMeFinance.com - explain Research and development (RD) Research and development (RD) The term 'Research and development (RD)' as it applies to the area of energy can be defined as ' Basic and applied research in the sciences and engineering and the design and development of prototypes and processes, excluding quality control, routine product testing, market research, sales promotion, sales service, research in the social sciences or psychology, and other non-technological activities or technical services'.
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