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Investment in in-house research and development

Domain

Prosperity

Subdomain

Income and growth

Indicator

Investment in in-house research and development

Definition

Investment in in-house research and development (R&D) as a percentage of gross domestic product.

Measurement

Gross domestic expenditure on research and development (GERD) is a term used by Organisation for Economic Co-operation and Development (OECD) Member countries, and is defined as the total value of intramural (in-house) research and development (R&D) expenditures of all organizations in performing sectors (government, business enterprise, higher education and private non-profit organizations). GERD includes R&D performed within a country and funded from abroad but excludes payments for R&D performed abroad.

GERD as a percentage of gross domestic product (GDP) is calculated using R&D expenditures in current dollars (Table 27-10-0273-01 – Gross domestic expenditures on research and development, by science type and by funder and performer sector (× 1,000,000)) and GDP at market prices in current dollars (Table 36-10-0222-01 – Gross domestic product, expenditure-based, provincial and territorial, annual (× 1,000,000)).

Data for gross domestic expenditures on research and development (GERD) are collected through multiple Statistics Canada business surveys and/or other sources.

More information is available at Data quality, concepts and methodology - How to read the gross domestic expenditures on research and development (GERD) matrix.