This is not the only thing this distinction will do. It will also affect many other aspects of the project. The cost of the project. The availability of project financing. Banks are notoriously ungenerous with research projects because of the high-risk element inherent therein.
Banks are just slightly more generous in financing development projects.
The ownership of intellectual property. Indemnities are very rare in a research project. They are more common in a development project. As will be discussed later in this Guide, Research Organisations never warrant the results of a research project. Development projects, on the other hand, often carry a warranty because they are considered less risky.