Glossary:Gross domestic expenditure on R & D (GERD)
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 organisations.
Further information
- Update of the SNA 1993 and revision of ESA95 (Background article)
Related concepts
- Glossary:Government budget allocations for R&D (GBARD)
- Government revenue and expenditure
- Research and development (R&D)