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Detailed structure and explanatory notes

ISIC Rev.3.1 code 73

Structure   

Hierarchy
  • Section: K - Real estate, renting and business activities
  • Division: 73 - Research and development

Breakdown:

This Division is divided into the following Groups:

  • 731 - Research and experimental development on natural sciences and engineering (NSE)
  • 732 - Research and experimental development on social sciences and humanities (SSH)

Explanatory note

This division includes three types of research and development (R&D):
- basic research:
· experimental or theoretical work undertaken primarily to acquire new knowledge of the underlying foundations of phenomena and observable facts, without particular application or use in view
- applied research:
· original investigation undertaken in order to acquire new knowledge, directed primarily towards a specific practical aim or objective
- experimental development:
· systematic work, drawing on existing knowledge gained from research and/or practical experience, directed to producing new materials, products and devices, to installing new processes, systems and services, and to improving substantially those already produced or installed


This division excludes:
- governmental administration of R&D and of associated funds in the various natural or social sciences, see division 75
- administration and support of defence-related applied research and experimental development, see 7522
- education combined with R&D, see division 80
- raising and management of R&D funds for medical or other socially related R&D by charities, see 8532





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