Innovation Indicator 2011: Austria Has Improved Markedly

BusinessEconomy ♦ Published: October 13, 2011; 18:39 ♦ (Vindobona)

In a ranking of 26 industrialized countries, Austria has risen to the eighth place. The R&D ratio has climbed to 2.8% of GDP.

Innovation Indicator 2011: Austria Has Improved Markedly / Picture: © Vindobona.org

Austria has significantly improved its innovation performance in the past two years and now occupies the eighth place in a comparison of 26 industrialized countries (2009: place 14 out of 17). This is the result of the Innovation Indicator 2011 which the Deutsche Telekom Stiftung and the Federation of German Industries (BDI) published for the sixth time this year.

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