72 Scientific research and development
This division includes the activities of three types of research and development: 1) basic research: experimental or theoretical work undertaken primarily to acquire new knowledge of the underlying foundations of phenomena and observable facts, without particular application or use in view, 2) applied research: original investigation undertaken in order to acquire new knowledge, directed primarily towards a specific practical aim or objective and 3) experimental development: systematic work, drawing on existing knowledge gained from research and/or practical experience, directed to producing new materials, products and devices, to installing new processes, systems and services, and to improving substantially those already produced or installed. Research and experimental development activities in this division are subdivided into two categories: natural sciences and engineering; social sciences and the humanities. This division excludes: - market research, see 73.20
Where 72 sits in the ISIC Rev 4 (Libya) hierarchy
- >M Professional, scientific and technical activities
- >72 Scientific research and development
- >72 Scientific research and development
72 in other classification systems
Equivalent and related codes across 1 other system. Click any code to see its full definition, hierarchy, and crosswalks.
Frequently asked questions
- What is ISIC Rev 4 (Libya) 72?
- ISIC Rev 4 (Libya) 72 is "Scientific research and development". This division includes the activities of three types of research and development: 1) basic research: experimental or theoretical work undertaken primarily to acquire new knowledge of the underlying foundations of phenomena and observable facts, without particular application or use in view, 2) applied research: original investigation undertaken in order to acquire new knowledge, directed primarily towards a specific practical aim or objective and 3) experimental development: systematic work, drawing on existing knowledge gained from research and/or practical experience, directed to producing new materials, products and devices, to installing new processes, systems and services, and to improving substantially those already produced or installed. Research and experimental development activities in this division are subdivided into two categories: natural sciences and engineering; social sciences and the humanities. This division excludes: - market research, see 73.20
- How does ISIC Rev 4 (Libya) 72 map to other classification systems?
- 72 Scientific research and development has equivalents in ISIC Rev 4 (72). These crosswalks let you translate this code between ISIC Rev 4 (Libya) and 1 other classification system.
- What is the parent category of 72?
- 72 Scientific research and development sits under 72 Scientific research and development in the ISIC Rev 4 (Libya) hierarchy.
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