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Some advantages of research and development are clear, such as the possibility for increased productivity or new product lines. Research and development consist of the investigative activities that a person or business chooses to do with the desired result of a discovery that will either create an entirely new product, product line , or service. Research refers to any new science or thinking that will result in a new product or new features for an existing product. Research can be broken down into either basic research or applied research. Basic research seeks to delve into scientific principles from an academic standpoint, while applied research seeks to use that basic research in a real-world setting. The development portion refers to the actual application of the new science or thinking so that a new or increasingly better product or service can begin to take shape.
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We recognize that poverty has no borders. Neither does excellence. So we are continually in search of the brightest, most talented individuals from around the globe. And we are proud to employ a dedicated and committed workforce that is diverse in gender, nationality and ethnic background. Bank staff work with governments, civil society groups, the private sector and others in developing countries around the world, assisting people in all areas of development, owrk policy and strategic advice to the identification, preparation, appraisal and supervision blobal development projects.
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