ISIC 72—Scientific research and development

Where 72 sits

1. N Professional, scientific and technical activities
2. 72 Scientific research and development

Contains 2 narrower codes

• 721 Research and experimental development on natural sciences and engineering
• 722 Research and experimental development on social sciences and humanities

What 72 includes

• This division includes the activities of three types of research and development: (1) basic research: experimental or theoretical work undertaken primarily to acquire new knowledge of the underlying foundations of phenomena and observable facts, without particular application or use in view, (2) applied research: original investigation undertaken in order to acquire new knowledge, directed primarily towards a specific practical aim or objective and (3) experimental development: systematic work, drawing on existing knowledge gained from research and/or practical experience, directed to producing new materials, products and devices, to installing new processes, systems and services, and to improving substantially those already produced or installed.
• Research and experimental development activities in this division are not to be regarded as ancillary activities. They are subdivided into the two following two categories: natural sciences and engineering; social sciences and the humanities.
• This division includes also: - developing and producing prototypes with the primary objective to make further improvements, whether or not associated with its production.

What 72 excludes

• This division excludes: - market research, see 7320

72 in other systems