5 Key R&D Characteristics
Understanding these characteristics helps determine if your activities qualify as R&D
The 5 Key R&D Characteristics
For an activity to qualify as R&D, it must demonstrate most or all of these characteristics
Novel
Aims to discover new knowledge or applications not previously available
Creative
Based on original concepts, hypotheses, and innovative approaches
Uncertain
Has uncertain outcomes, methods, and resource requirements
Systematic
Planned, budgeted work following a defined methodology
Transferable
Results can be communicated and reproduced by others