Gross domestic expenditures on research and development (GERD)
Total intramural expenditure on R&D performer in the national territory during a specific reference period.
GERD includes domestically performed R&D that is financed from abroad but excludes funding for R&D performed abroad.
GERD is the principal R&D indicator.
The components of GERD:
- BERD - Business enterprise expenditure on R&D
- GOVERD - Government expenditure on R&D
- HERD - Higher education expenditure on R&D
- PNPERD - Private non-profit expenditure on R&D.