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Austrian SME as a Source of Innovation

Published: January 7, 2011; 18:34 · (Vindobona)

Austria's small and medium enterprises are, according to the Small and Medium-Sized Business report, the main driver for innovations.

Austrian SME as a Source of Innovation / Picture: © Flickr

In the Small and Medium-Sized Business report of KMU-Forschung Austria, the importance of creative industries is especially highlighted. In 95% of the cases, they have less than ten employees. The offer of these small business people has become much more sophisticated than it was only ten years ago. The gross value created is on the rise: between 2004 and 2006 in increased by 4.5% to…

This article includes a total of 226 words.

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