SIC CODES

Scientific research and development - Division 72

Information about SIC: Scientific research and development 72

Code Division 72

Hierarchy of Division 72

  • Section MProfessional, scientific and technical activities
  • Division 72Scientific research and development

Groups inside Division 72

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

List of terms related whith SIC Code 72

What activities does the Division 72 contain?

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 subdivided into two categories: natural sciences and engineering; social sciences and the humanities.

This division excludes market research (see class 7320).