https://blog.novatax.cl/en/tags/rd/Recent content in R&D on NovaTax BlogHugoen-usTue, 11 Aug 2026 00:00:00 +0000https://blog.novatax.cl/en/innovacion-vs-id/Tue, 11 Aug 2026 00:00:00 +0000https://blog.novatax.cl/en/innovacion-vs-id/<p>In Chile we use &ldquo;innovation&rdquo; for almost everything: new software, an improved process, a different product. But the <a href="https://blog.novatax.cl/en/ley-id-chile/">R&amp;D Law</a> doesn&rsquo;t reward innovation in general. It rewards something more specific: <strong>research and experimental development</strong>. Confusing the two is the most common reason for rejection.</p> <h2 id="the-difference-in-one-sentence">The difference in one sentence</h2> <p><strong>Innovating</strong> means introducing something new or improved into your company or the market. <strong>Doing R&amp;D</strong> means creating knowledge that didn&rsquo;t exist to solve a problem whose solution is <strong>not known in advance</strong>.</p>