The research and development in Versailles
Project leaders, business leaders, choose expertise and financial innovation with REWARDS EXPERTISE!
Innovation is the source of profit. Indeed, innovation makes the product and/or service more attractive to the consumer. And, in a company, the Research & Development function therefore develops innovations, which are the industrial and commercial applications of a discovery or an invention.
The impact of the Research & Development function is felt across the entire company. We will remember ::
On the production side, the R&D function will improve production efficiency when it comes to process innovation. However, it can create additional constraints when it comes to product and/or service innovation.
On the commercial level, Research & Development will allow the company to differentiate its offer and create more value for the customer.
From a financial point of view, the Research & Development function primarily represents a cost. It is an investment whose results will be uncertain. On the other hand, if the innovation is successful, the company'srevenue will be higher.
On a strategic level, the R&D function allows the company to develop its specificity and to differentiate itself from competitors.
