Product engineering in general and advanced systems engineering in specific are highly complex and unique processes that strive to deliver innovations – successful new products. To reduce risk and time, product engineers refer to existing (socio-)technical systems or subsystems. These references are part of the reference system. A great variety of elements can be used as reference system elements in engineering projects, but the different types of reference system elements and their roles are not yet characterized. However, this is a necessary prerequisite to model and conduct product generation engineering effectively. Here, we show how reference system elements can be categorized into three types that differ regarding their intended application in the actual engineering project. Therefore, we introduce three subsystems: reference system of objectives, reference operation system, and reference system of objects. Furthermore, we provide definitions for all subsystems to specify the allocation. We believe these results will form the basis for a continuous description and continuous engineering of consecutive and parallel product generations based on model-based systems engineering. Furthermore, the results will be the starting point for the development of design supports to assist engineers in designing their specific reference systems and to make the reference system part of efficient engineering processes.