R & D Expenditures
"Research and development by a market producer is an activity undertaken for the purpose of discovering or developing new products, including improved versions or qualities of existing products, or discovering or developing new or more efficient processes of production" (United Nations, The System of National Accounts, 1993, paragraph 6.142).
In the case of inward investment, direct investment enterprises should be asked to report total R&D spending within the host economy during the reporting period.

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