Acquisition of machinery, equipment, other capital goods, and software


This innovation activity refers to goods specifically purchased for use in product and process innovation activities of the firm. This includes the acquisition of: land and buildings (including major improvements, modifications and repairs); machinery, instruments and equipment (including computer hardware); and computer software. This category only includes the acquisition of capital goods for innovation that is not included in R&D activities.

Source definition

OECD and Eurostat (2005), Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data, §326-330.