2012-2013 Expenditure stats
About this sector
This industry is constantly dealing with innovation to solve material, cost, resource and technology issues. R&D may occur within existing manufacturing processes, in the lab or be created at the design phase. Testing must be documented with drawings, plans, emails, results and external research validation.
Examples of what could be claimed
- Development of a new product
- Advancements in product life, usage, speed, weight or strength
- Testing of new materials
- Development of new designs