Internal R&D funds

Definition

Internal R&D funds are the amount of money spent on R&D that originate within the control of and are used for R&D at the discretion of a reporting statistical unit. Internal R&D funds do not include R&D funds received from other statistical units explicitly for intramural R&D.

Source definition

OECD (2015), Frascati Manual 2015: Guidelines for Collecting and Reporting Data on Research and Experimental Development.

Purpose

To break down R&D expenditure by type of funds.