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Austria.
Dynamic Business Location.

Foreign companies conduct intensive research work in Austria

Photo: APA (OTS/CBmed) © Photo: APA (OTS/CBmed)

This is a high figure in international comparison. Only in Ireland (71 percent) and Belgium (66 percent) do foreign firms invest more. International companies account for a much lower share of total R&D spending in France (27 percent), Germany (26 percent) and even Finland (14 percent). 

The most important foreign companies carrying out research and development work in Austria come from Germany (47 percent of total R&D expenditures of foreign firms) and the USA (15.4 percent), followed by Switzerland (11.7 percent) and Canada (8.7 percent). But companies from emerging markets also implement or finance research in Austria. For example, Chinese firms already spent EUR 86 million on R&D in Austria in 2013 (2.5 percent).

Service: The country report can be found at: http://go.apa.at/ocTGNT6P

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