NAICS code 5417 - Scientific Research and Development Services

Basic Industry Description for NAICS Code 5417

This industry group comprises establishments engaged in conducting original investigation undertaken on a systematic basis to gain new knowledge (research) and/or the application of research findings or other scientific knowledge for the creation of new or significantly improved products or processes (experimental development). The industries within this industry group are defined on the basis of the domain of research; that is, on the scientific expertise of the establishment.

Numbers of Companies in FINTEL Data 1477
Numbers of Small or Large Companies 369
Small Companies - in Net Sales less than $982,915
Large Companies - in Net Sales above $8,659,437

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Accounts Payable to Sales = 3.0%

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