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R&D: High Activities of Austrian Firms with Foreign Co-Investors

Politics ♦ Published: January 4, 2011; 19:56 ♦ (Vindobona)

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The OECD publishes its Science, Technology and Industry Outlook 2010 for Austria. 23% of R&D expenses are funded from abroad.

R&D: High Activities of Austrian Firms with Foreign Co-Investors / Picture: © Vindobona.org

Austria performs well on a number of science and innovation indicators. Since 1998 gross expenditure on R&D (GERD) has increased consistently as a share of GDP to 2.7% in 2008, mainly owing to higher business expenditure on R&D (BERD) (1.9% of GDP). The 23.8% of GERD performed by the higher education sector was slightly lower than in preceding years; that of government (5.3%)…