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The Top500-Lexicon

The lexicon of the top500 ( The Encyclopedia for Classification Codes ) explains the codes and definitions in the world of economical classifications.

NACE Code 73 Research and development

The NACE Code 73 is described as
Research and development

This division includes three types of research and development:
· 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
· applied research:
· original investigation undertaken in order to acquire new knowledge, directed primarily towards a specific practical aim or objective
· 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

It belongs to the code group
NACE Code K Real estate, renting and business activities

To this Code "73" belongs the sub codes
  • NACE Code 73.1: Research and experimental development on natural sciences and engineering
  • NACE Code 73.2: Research and experimental development on social sciences and humanities

The equivalent ISIC Code (Rev. 3.1) is
73: Research and development

The equivalent NAICS Code (Rev. 2002) is
54: Professional, Scientific, and Technical Services

The Nearest HS Code (Harmonized System) (Rev. 2002) is
xxxx: No Code defined

Translation of the Code description
73: Forschung und Entwicklung - Forschung und Entwicklung
73: Research and development - Research and development
73: Recherche-développement
73: Rivcerca e sviluppo
73: Investigacion y desarrollo
73: Speur- en ontwikkelingswerk
73: Forskning og udvikling

Alternative Spellings (synonyms): researcher, Development, researchers, developments
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