Research and development (R&D)

Research and development (R&D) comprises creative work undertaken on a systematic basis in order to increase the stock of human knowledge and to devise new applications based upon it. The term R&D covers three activities: basic research, applied research and experimental development. The major part of the expenses that the government spends on R&D is used by private enterprises in all the Nordic countries. The rest of the R&D activities take place at universities and other institutions of higher education as well as in other public institutions. For more information on Nordic Statistics: https://www.nordicstatistics.org


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