Austrian companies are innovative

BusinessEconomy ♦ Published: July 6, 2010; 00:00 ♦ (Vindobona)

More than half of domestic companies may be the labelled innovative.

Austrian companies are innovative / Picture: ©

Around 56 percent of domestic enterprises attach importance to innovation.

In the period 2006-2008, 59 percent of companies use development of products, production processes, marketing and organization during the production process of their products. 54 percent were registered for companies in the service industry.

In 2008 companies have spent a total of €6.9b ($…