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Austria.
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Austria = rich in patents

EPO charts © EPO

The increasing level of research expenditures by the Austrian economy is apparently driving patent activities on the part of companies. In 2017, 2,213 patents were registered with the European Patent Agency, a new all-time high. The rise of 8.2 percent compared to 2016 is the strongest growth generated over the last seven years, the EPA announced recently. As measured by the number of patents, Austria is rated twelfth in Europe, and seventh in relation to the number of inhabitants. 

In total, applications originating from the EPO's 38 member states grew by 2.8% in 2017 and accounted for 47% of the total. The five most active countries of origin in 2017 were the US, Germany, Japan, France and China, which posted another double-digit increase (+16.6%) and overtook Switzerland to make it into the top 5 for the first time.

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Vienna’s unique location at the heart of Europe makes it an important centre and very popular with the global pharmaceutical and biotechnology industry. Vienna is where Eastern Europe meets Western Europe. Businesses located at this international hub benefit from well-established infrastructures and highly-qualified professionals. The significant growth in the Life Sciences sector in Vienna over the last few years is an indicator of the momentum in the industry.

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