NICDivision
NIC 72—Scienti ic research and development
Division · National Industrial Classification (2025)
Where 72 sits
- N Professional, scientific and technical activities
- 72 Scienti ic research and development
Contains 2 narrower codes
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
- Market research, see 7320
72 in other systems
Looking up equivalents…