Classification Detail


ISIC, Rev. 3.1 - Code 73


Hierarchy

Section:
Division:
73 - Research and development

Breakdown

Group:

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