Role of Business Research in Innovation



Introduction

Today every successful and leading organization is making sure to establish either own or outsource special department/ unit that are 'research and development unit'. The responsibility of such a unit is to out in extra efforts to make their valid researches in the needed field and then come across some innovation that aims to benefit the organization in the long run by saving their resources. In this both the role of technology and human knowledge is crucial to the success of the initiative.

Discussion

Formulating innovation is not an easy task to implement as it requires immense ...