Definition: Current innovation expenditures
R & D - Oslo Manual
Current innovation expenditures are composed of labour cost and other current costs:
- Labour costs comprise annual wages and salaries and all associated costs of fringe benefits such as bonus payments, holiday pay, contributions to pension funds and other social security payments, payroll taxes and so on. The labour costs of persons not involved in TPP innovation activities (such as security personnel and maintenance staff) should be excluded and considered with other current costs.
- Other current costs comprise non-capital purchases of materials, supplies, services and equipment to support TPP innovation activities performed by the firm in a given year (Definition identical in second and third editions).
Organization for Economic Cooperation and Development (OECD) and Statistical Office of the European Communities (Eurostat), "The measurement of scientific and technological activities: proposed guidelines for collecting and interpreting technological innovation data: Oslo manual)", Third Edition, Paris, 2005