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research and development

Also known as R&D, scientific research and development, NACE 72

industry classification group NACE 72 (child of cateogry M)

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Image: NYC Public Library Research Room Jan 2006-1- 3.jpg

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Commons category: Research and development
catalog code: 72
NAF code v2: 72
International Standard Industrial Classification code Rev.4: 72
name: Cercetare-dezvoltare

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Cycle of research and development Spending on research and development as share of GDP (2015) Research and development (R&D or R+D) is the set of innovative activities undertaken by corporations, wealthy industrialists (such as Alfred Lee Loomis), or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process.