Austrian Innovations on the Rise in Export Markets

BusinessEconomy ♦ Published: May 18, 2012; 12:32 ♦ (Vindobona)

The patent statistics clearly show that Austrian companies and inventors are becoming ever more prominently positioned on the international markets.

Austrian Innovations on the Rise in Export Markets / Picture: © Vindobona.org

The advancing internationalisation of the Austrian economy can also be seen in the patent applications. For example, last year alone there were a total of 3,242 inventions registered at the Austrian Patent Office , whereby companies are increasingly making the most of intellectual property protection in Europe and other export markets.

Over the past 10 years the number of patent…