Classification Detail
COFOG, 1999 - Code 01.5
Hierarchy
Breakdown
Class:
Explanatory note
Applied research is original investigation undertaken in order to acquire new knowledge, but directed primarily towards a specific practical aim or objective.
Experimental development is systematic work, drawing on existing knowledge gained from research and practical experience, that is directed to producing new materials, products and devices; to installing new processes, systems and services; or to improving substantially those already produced or installed.