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NY01050 Expenditure of enterprises on innovation activities by area of expenditure and main activity (2022)

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Kristina Arge Simonsen
10/11/2024
DKK
Y
9/30/2025
10/1/2024
Yes
Statistics Faroe Islands: www.hagstova.fo/en
NY01050_CIS12_EXP
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Symbols:  -  Nil (exactly zero)
 0  Rounded to zero
 •  Not applicable
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 ••• Not disclosed, confidentiality/privacy protected Method
Innovation statistics are made in accordance with standards of Eurostat (Oslo Manual). This ensures that the figures are comparable with similar figures from other countries. The data is collected with biennial surveys and only includes enterprises with more than 10 employees. Research and development
A set of common features identifies R&D activities, even if these are carried out by different performers. R&D activities may be aimed at achieving either specific or general objectives. R&D is always aimed at new findings, based on original concepts (and their interpretation) or hypotheses. It is largely uncertain about its final outcome (or at least about the quantity of time and resources needed to achieve it), it is planned for and budgeted (even when carried out by individuals), and it is aimed at producing results that could be either freely transferred or traded in a marketplace. For an activity to be an R&D activity, it must satisfy five core criteria.
The activity must be:
• novel
• creative
• uncertain
• systematic
• transferable and/or reproducible
Source: Frascati manual 2025, OECD 2015

expenditure

Expenditures include current and capital expenditures.

Main activity (NACE 2008)

NACE is the Statistical classification of economic activities in the European Community. This table uses NACE Rev. 2. According to the Oslo-manual industries A, I and N are not suitable for international comparison.