Question: What is the difference between R&D and product development? R & D is entire process of designing, creating, and marketing new products or existing products

What is the difference between R&D and product development?
R&D is entire process of designing, creating, and marketing new products or
existing products with new features.
Product Development only includs the conception phase in the product life
cycle
Product Development is the act of creating entirely new science, technology or
technical knowledge and developing that into a saleable product
R&D only includes the conception phase in the product life cycle
What is the difference between R&D and product development? R&D is

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