If your business will have a research and development component, describe it here.  Use the points below to help you prepare this section.

• Describe plans for ongoing research and development (e.g. plans for process improvement or new product development). 
• Identify the extent to which resources will be committed to future research and development. 
• How will research and development efforts be inter-connected with customer needs (eg, will the business pursue an ISO-type approach?). 
• Identify the use of third parties and any strategies related to the outsourcing of future research and development capabilities. 
• Describe contractual relationships with internal staff and external parties pertaining to intellectual property rights and new future claims.