New Enterprise and Value Creation BPII Research and Development (R&D) innovation is about creating new value and improving products and services, or processes through systematic investigation, experimentation, and application of digital technologies to help enterprises to stay relevant. Features of R & D Innovation : 1. Research : Systematic investigation and study to increase knowledge and understanding. 2. Development : Application of research findings to create new or improved products, services, or processes. 3. Innovation : Introduction of new or improved ideas, products, services, or processes that create value. Scope of Digital Innovation : 1. Basic Research : Focuses on understanding fundamental principles and phenomena. 2. Applied Research : Aims to solve practical problems or develop new products/services. 3. Experimental Development : Involves testing and refining new ideas, products, or services. Importance of R & D Innovation : 1. Drives Economic Growth : R&D innovation can lead to new industries, jobs, and empowering enterprises toward digital growth. 2. Empowering Enterprises : Application of digital technologies helps enterprise to stay ahead of competitors and adapt to changing market conditions. 3. Enhances Businesses : R&D innovation can lead to new enterprises, sustainable technologies, and other improvements that enhance quality of life. Category of Digital Innovation : 1. Product Development : Creating new or improved products, such as smartphones or medical devices. 2. Process Innovation : Developing new or improved processes, such as more efficient manufacturing methods. 3. Service Innovation : Creating new or improved services, such as online education platforms, eCommerce businesses or customer services. BPII Qcircle Centre of R&D innovation is essential for driving economic growth,  enhancing businesses and empowering enterprises in the digital world.

Enterprise Ventures and Innovation Project Proposition All new ePartners can submit Development Innovation project All well-established individuals or organisations desirous to be part of BPII and its eConsortium Ecosystem @ Qcircle can submit their project proposition. Our Consultant / Specialists will provide you the development process.

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