Frascati Manual R&D and the System of National Accounts

This paper looks at the Frascati Manual 2015 (FM) framework for Research and Development (R&D) statistics and the System of National Accounts (SNA) framework of comprehensive economic accounts - giving an overview of their shared history, analysing their approaches to measuring R&D following the introduction of R&D assets in the 2008 SNA, and highlighting changes in the latest FM which can help value and allocate these assets.