What is the cost of research and development (R&D)? We at <a href="https://procoders.tech/blog/research-and-development-costs/">Procoders Tech</a> know about R&D. Research and development is a systematic activity that combines basic and applied research to find solutions to new or existing problems or to create or update products and services. When a company conducts its own R&D, it often results in ownership of intellectual property in the form of patents or copyrights that result from discoveries or inventions.