Research & Production for Innovation

 Advanced research involves exploring new knowledge across various disciplines, often transcending conventional boundaries and generating fresh knowledge and great insight.

The global world becomes more complex than ever, research on varying subjects, especially cross-disciplinarily, becomes more important to investigate the cause-and-effect of varying complex problems, uncover the myths, discover the truth, generate fresh insight, and come up with premium solutions. 

Research and production are closely connected processes that drive technological innovation. Research and development (R&D) serves as the starting point for most industrial production systems. Innovations that lead to new products and processes often originate in research and progress from initial ideas to full-scale production and market introduction.

The Innovation Process: The foundation of innovation is invention, which can be defined as applying an invention to meet a significant market need. Inventions come from sustained inquiry and trial and error. Research can be basic, pursuing investigations without specific goals, or applied, using basic research findings to meet a specific need.

Managing Research and Development: Most R&D projects use a project-based production system where resources are focused on a specific task, like developing a new product. Managing these projects requires a special organization to effectively administer resources and maintain accountability. In industries that rely on continuous innovation, the R&D department operates at a corporate level, setting priorities and budgets, and overseeing R&D activities.

Maintaining a Balanced Approach: To maintain a balanced condition, a steady flow of new R&D proposals is required. Each proposal must be studied by technical, commercial, financial, and manufacturing experts. R&D managers play a key role in proposing and carrying out projects.

Improving Existing Products and Processes: Value engineering and cost-benefit analysis are used to improve existing products and processes. Value engineering describes the primary function of every product and component, considering alternative methods and their costs. Cost-benefit analysis defines the function and benefits of each part of a product or process, reviewing the costs involved.

Researchers ensure data accuracy through a combination of methods at various stages of the research process. These include careful planning, execution, and analysis. Advanced research involves exploring new knowledge across various disciplines, often transcending conventional boundaries and generating fresh knowledge and great insight.

Posted in: Innovation,Research