By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Austria boasts second highest research spending in the EU

graph showing comparison of R&D expenditures © APA/ORF.at; Data: APA/Eurostat

This comprises the second highest level among the 28 EU member states. The country with the highest research expenditures is Sweden at 3.33 percent, according to data published by Eurostat in January 2019. The EU average is 2.07 percent of GDP, compared to 1.77 percent in 2007. Romania is ranked at the very bottom with an R&D to GDP ratio of 0. 5 percent. On balance, the EU invested EUR 318.1 billion in research and development in the year 2017. This represents a considerable rise in overall expenditures for research and development compared to only EUR 229.6 billion in the year 2007.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

  • Festival of Enterprise London Event

    21. / 22.10.2020, London, UK

Austria Map

Find the perfect location for your company

Vienna is the driving force for innovations in our company, and one of the growth drivers.

Ottobock Austria

Logo
More testimonials

news from the business location Austria

Top Score for Lockdown – Austria convinces in current Deloitte entrepreneur survey with well thought out Covid-19 measures

Austria convinces in current Deloitte survey and gets top score for well thought out Covid-19 measures.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts