Business Essentials: What actually hides behind Research and Development(R&D) buzzword

R&D has become a buzzword in many business communities. It has become fashionable to do R&D. General opinion is that if you are doing R&D you will be extra reach or you will do something great for the community or even mankind.

I’ve been working on R&D projects since the mid-nineties. I was involved in many different…