Austrian R&D Expenses on the Rise

BusinessEconomy ♦ Published: April 8, 2011; 06:56 ♦ (Vindobona)

R&D expenditures of Austrian firms increased by 3 per cent in 2009 despite the crisis.

Austrian R&D Expenses on the Rise / Picture: ©

Preliminary results of the R&D survey 2009 indicate that, in spite of the tense economic situation, expenditures of domestic enterprises for research and development increased slightly in 2009; however, the increase was much lower than in the previous years. In 2009, the R&D expenditures amounted to € 4.51bn, whereas in 2007 it was € 4.38bn. This corresponds to an increase…