Richard Farris Rashid is the founder of Microsoft Research, which he created in 1991. Between 1991 and 2013, as its chief research officer and director, he oversaw the worldwide operations for Microsoft Research which grew to encompass more than 850 researchers and a dozen labs around the world.

Microsoft Research (MSR) is the research subsidiary of Microsoft. It was created in 1991 by Richard Rashid, Bill Gates and Nathan Myhrvold with the intent to advance state-of-the-art computing and solve difficult world problems through technological innovation in collaboration with academic, government, and industry researchers. The Microsoft Research team has more than 1,000 computer scientists, physicists, engineers, and mathematicians, including Turing Award winners, Fields Medal winners, MacArthur Fellows, and Dijkstra Prize winners.