Industrial research refers to the systematic investigation and study conducted by companies to develop new products, improve existing ones, or enhance production processes. This type of research often involves collaboration with universities and research institutions to leverage advanced knowledge and technology. The goal is to innovate and maintain a competitive edge in the market. Typically, industrial research focuses on practical applications, such as materials science, engineering, and technology development. It plays a crucial role in sectors like pharmaceuticals, automotive, and electronics, where continuous improvement and innovation are essential for success.