Austria Requires More Risk Capital

Politics ♦ Published: September 12, 2013; 14:30 ♦ (Vindobona)

On an international level, the risk capital investments in domestic enterprises are low at only 0.04 percent of GDP.

Austria Requires More Risk Capital / Picture: ©

The Austrian Institute for Economic Research (Wifo) criticizes the fact that Austria does not invest enough in innovative ideas and leaves very little room for the realization of research results. “The domestic risk capital market is underdeveloped on an international comparison and does not use the associated potential of growth and employment,” Wifo’s most recent report…