Darko Milosevic, Dr.rer.nat./Dr.oec.

Darko Milosevic, Dr.rer.nat./Dr.oec.
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Research and development expenditure, by sectors of performance - % of GDP

Research and development expenditure, by sectors of performance - % of GDP Short Description: 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. R&D expenditures include all expenditures for R&D performed within the business enterprise sector (BERD) on the national territory during a given period, regardless of the source of funds. R&D expenditure in BERD are shown as a percentage of GDP (R&D intensity).
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