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Glossary

Research and development activity (R&D)

Research and experimental development (R&D) comprise creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications. Research and development activity includes three types of research: basic research, applied research (including industrial research) and experimental development.

R&D activities differ from other types of activities – there is a visible element of novelty and the elimination of scientific and / or technical uncertainty, that is, solution to the problem is not resulting obviously from the current state of knowledge.

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