Research and development expenditure of research and development project
Research and development expenditure refers to intramural research and development (R&D) expenditures (i.e., expenditures performed within the reporting unit). Both current costs and capital expenditures are measured. In the case of the government sector, expenditures refer to direct (i.e., those expenditures on pure R&D such as expenditures of a research lab) rather than indirect expenditures (i.e., those expenditures that support the R&D activity such as transportation, storage, cleaning, repair, and security). Depreciation is excluded.
Research and development project refers to creative work undertaken on a systematic basis in order to increase the stock of scientific and technical knowledge and to use this knowledge in new applications. The central characteristic of a research and development project (R&D) is an appreciable element of novelty and of uncertainty. New knowledge, products or processes are sought. New knowledge involves the integration of newly acquired information into existing hypotheses, the formulation and testing of new hypotheses or the re-evaluation of existing observations. An R&D project generally has three characteristics:
- a substantial element of uncertainty, novelty and innovation;
- a well-defined project design;
- a report on the procedures and results of the projects.
- Canadian dollar at 1997 constant prices
- Canadian dollar at 2007 constant prices May 11, 2016 to current
- Canadian dollar at 2002 constant prices May 12, 2003 to current
- Canadian dollar at current prices May 12, 2003 to current
Relation to previous version
- Research and development expenditure of research and development project May 11, 2016 to current
This is the current version.
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