Scientific research and development

NACE v2.0 Code: M72

About scientific research and development

NACE code 72 covers a wide range of scientific research and development (R&D) activities that are crucial for driving innovation and technological progress across various industries. This sector plays a vital role in the broader economy by generating new knowledge, developing cutting-edge technologies, and providing solutions to complex problems. R&D activities encompass both basic and applied research, spanning fields such as natural sciences, engineering, and social sciences.

Production process

The main production techniques in the scientific research and development industry involve systematic investigation, experimentation, and analysis. Researchers utilize a range of methodologies, including literature reviews, hypothesis formulation, data collection, and rigorous testing to advance the understanding of specific phenomena or develop new products and processes. Collaboration between researchers, technicians, and subject matter experts is often essential to the success of R&D projects.

Production inputs

The scientific research and development industry relies on a variety of inputs, including highly skilled and specialized personnel, such as scientists, engineers, and technicians. Access to state-of-the-art laboratory equipment, computing resources, and research facilities is also crucial. Depending on the specific field of study, the industry may require access to raw materials, prototypes, or existing technologies to facilitate the research and development process.

Production outputs

The outputs of the scientific research and development industry can take many forms, including new scientific discoveries, technological innovations, and improved products or processes. These outputs can be consumed by a wide range of other NACE codes, such as 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations, 26 Manufacture of computer, electronic and optical products, and 72 Scientific research and development. The knowledge and technologies generated by the R&D industry are essential for driving economic growth, enhancing competitiveness, and addressing societal challenges.

Revisions to 72

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 72. The most recent 1 version of this code (72) is in the NACE v2.1 system:

This page shows a legacy version of code 72 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (72).

ISIC code ISIC Version ISIC title
72ISIC v4.0Scientific research and development

Family tree for scientific research and development 

    graph LR
    A["<a href='/classifications/nace/v2/M'>M: PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/M/72'>72: Scientific research and development </a>"]

    A --> C["<a href='/classifications/nace/v2/M/69'>69: Legal and accounting activities</a>"]
A --> D["<a href='/classifications/nace/v2/M/70'>70: Activities of head offices; management consultancy activities</a>"]
A --> E["<a href='/classifications/nace/v2/M/71'>71: Architectural and engineering activities; technical testing and analysis</a>"]
A --> F["<a href='/classifications/nace/v2/M/73'>73: Advertising and market research</a>"]
A --> G["<a href='/classifications/nace/v2/M/74'>74: Other professional, scientific and technical activities</a>"]
A --> H["<a href='/classifications/nace/v2/M/75'>75: Veterinary activities</a>"]

    B --> I["<a href='/classifications/nace/v2/M/72/1'>72.1: Research and experimental development on natural sciences and engineering</a>"]
B --> J["<a href='/classifications/nace/v2/M/72/2'>72.2: Research and experimental development on social sciences and humanities</a>"]


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class C level2
class D level2
class E level2
class F level2
class G level2
class H level2
class I level3
class J level3

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  %% class B,C level2
  %% class D,E,F,G,H,I level2
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