Literal question
During last fiscal year, how much did this establishment spend on formal research and development activities, either in-house or contracted with other companies?
Interviewer instructions
Cost of R&D refers to how much money was spent on formal R&D either in-house or contracted to other companies. R&D is defined as creative work undertaken to increase knowledge for developing innovative products and processes. It excludes market research surveys. The cost should be provided in Local Currency Unit (LCU)