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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 15 - Commerce and Foreign Trade |
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Subtitle B—Regulations Relating to Commerce and Foreign Trade |
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Chapter II—National Institute of Standards and Technology, Department of Commerce |
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SubChapter C—Chips Program |
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Part 231 - Clawbacks of Chips Funding |
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Subpart A - Definitions |
§ 231.113 - Research and development.
Latest version.
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§ 231.113 Research and development.
Research and development means theoretical analysis, exploration, or experimentation; or the extension of investigative findings and theories of a scientific or technical nature into practical application, including the experimental production and testing of models, devices, equipment, materials, and processes.