Tech sector BERD distribution in Canada 2015, by industry

Distribution of technology sector business enterprise research and development (BERD) spending in Canada in 2015, by industry

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Release date

July 2016

Region

Canada

Survey time period

2015

Supplementary notes

According to the source, "Business enterprise R&D, commonly referred to as BERD, is a measure of the resources a firm commits to developing new products, processes or services. While BERD is an indication of a firm’s overall commitment to innovation, it is important to note that there is not necessarily a perfect relationship between the two measures. It is not unusual for firms to innovate without any formal R&D and results from R&D are not always guaranteed. Despite this, BERD is considered a significant input into innovation."

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