"The Australian and New Zealand Standard Research Classification (ANZSRC) is jointly produced by the Australian Bureau of Statistics (ABS) and Statistics New Zealand (Statistics NZ). ANZSRC is the collective name for a set of three related classifications developed for use in the measurement and analysis of research and experimental development (R&D) undertaken in Australia and New Zealand. The three constituent classifications included in the ANZSRC are: Type of Activity (TOA), Fields of Research (FOR), and Socio-economic Objective (SEO). ANZSRC replaces the Australian Standard Research Classification (ASRC 1998) and introduces a new framework for measuring research and development activity in New Zealand. The use of the three constituent classifications in the ANZSRC ensures that R&D statistics collected are useful to governments, educational institutions, international organisations, scientific, professional or business organisations, business enterprises, community groups and private individuals in Australia and New Zealand."