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Austria.

Where Great Emphasis is Put on Research.

Austria holds a top position in the “World Talent Ranking”

20.12.2017

In the IMD World Talent Ranking 2017, Austria is given a top rating, placing fourth in the world, and is even ranked an outstanding third in the area of Investment & Development.

When it comes to investments, Austria relies very heavily on its dual education system, which means employee training (1^st place ranking) and very effective implementation of training programs (3^rd). At the same time, Austria invests strongly in its educational system (6^th in terms of expenditures in education per pupil), thus ensuring the high quality (7^th in the pupil-teacher ratio) of its educational systems. Austria is also very successful in luring and retaining talents, and is rated fifth globally in this area by IMD.

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news from the business location Austria

23. January 2020

Russian startup Bobsla ventures into the Austrian market and is developing a “miniature snow drifter” for brave winter tourists

In addition to conventional skiing and snowboarding, tourists in the Ötztal Valley in Austria can also spend their time enjoying a further attraction. Bobsla is a vehicle which looks like a fusion of a snow plough and a go-cart. It is steered by its guests and operated on snow surfaces.

22. January 2020

The new research allowance in Germany – in competition with the Austrian research tax credit?

Companies carrying out research and development in Austria have the possibility to apply for research funding, namely the so-called research tax credit. In an international comparison, the Austrian research tax credit is a recipe for success and is designed to showcase and enhance the attractiveness of Austria as a research location. The successive increase in the research tax credit from the original level of three percent in 2002 to 14 percent at present has made a massive contribution to this success.

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