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Austria ranked sixth in the EU for patent applications

Austrian Patent Office President Karepova, Federal Minister Hofer © Austrian Patent Office/APA-Fotoservice/Tanzer

On balance, Austria ranks a good 11th worldwide in terms of patent applications. South Korea is number one in the rankings, followed by Japan, Switzerland, USA and Germany. Austria placed sixth in the EU, behind Germany, Denmark, France, Sweden and the Netherlands.

2,744 patent applications were submitted to the Austrian Patent Office last year, and 1,710 inventions were patented. As in previous years, Upper Austria accounted for the largest number or 583 applications, followed by Styria (479) and Vienna (441). Engine developer AVL List was the top company (182 invention registrations), ahead of fittings manufacturer Julius Blum (67) and Tridonic, supplier of intelligent light solutions (53). The Vienna University of Technology, the first academic institution in the ranking, was seventh on the list with 33 applications.

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Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

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