Research and experimental development (R&D)

Definition

Creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications. The term R&D covers three activities: basic research, applied research and experimental development. R&D covers both formal R&D in R&D units and informal or occasional R&D in other units.

Data source

R&D surveys.

Source definition

OECD (2002), Frascati Manual: Proposed Standard Practice for Surveys on Research and Experimental Development, §63-64.