Practical advice for Northern Ireland Business
 

Manage your research, design and development

All businesses need to keep improving their products, services and business processes to anticipate and respond to changing customer needs.

This means investing time and money into market research to establish these requirements and then into developing your products and services to ensure you meet them.

Research and development (R&D) - together with the design of new and modified products - forms an essential part of making your business more profitable and productive.

This guide looks at why R&D - and sometimes product design - are so important if your business is to remain competitive.

It advises on how to manage R&D and product design processes and details government support available for certain types of research and development activity.

Subjects covered in this guide

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Research and development

 

Manage your research, design and development

 

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Introduction

 

What is research, design and development?

 

Commercial benefits of research and development

 

Exploring your ideas

 

Strategy for research and development

 

Research and development - investment and risks

 

Managing the design process

 

Knowing when to stop

 

Funding your research and development

 

Here's how I successfully managed an R&D project

 

 

Support and guidance for different business sectors

nibusinessinfo.co.uk is provided by Invest Northern Ireland