research and development

US /ˌriː.sɝːtʃ ən dɪˈvel.əp.mənt/
UK /ˌriː.sɝːtʃ ən dɪˈvel.əp.mənt/
"research and development" picture
1.

systematic investigation or experimentation aimed at discovering or revising facts, theories, applications, etc.

:
The company invests heavily in research and development to create new products.
Many technological advancements come from dedicated research and development efforts.