Glossary:Gross domestic expenditure on R & D (GERD)

From Statistics Explained

Gross domestic expenditure on R&D (GERD) includes expenditure on research and development by business enterprises, higher education institutions, as well as government and private non-profit organizations.

Further Eurostat information

• Update of the SNA 1993 and revision of ESA95

Related concepts

• Research and development (R&D)
• Government budget appropriations or outlays for research and development
• Government revenue and expenditure