Definition: Research and development accounts

Category: European System of Accounts (ESA)

The purpose of R&D accounts is to show the role of R&D in the national economy. Questions answered include the following:

(a) Who is producing R&D?
(b) Who is financing R&D?
(c) Who is using R&D?
(d) What is the value of R&D assets in comparison to the various other assets?
(e) What are the consequences for productivity and economic growth? http://ec.europa.eu/eurostat/product?code=KS-02-13-269&mode=view European Union, Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union, Official Journal of the European Union No L 174, 26.06.2013, p. 1 - 727