Stable Innovation Activity

BusinessEconomy ♦ Published: July 5, 2012; 09:57 ♦ (Vindobona)

57% of Austrian enterprises with 10 and more employees were innovation active. Innovation expenditure decreased, but the share of turnover of 1.7% remained constant.

Stable Innovation Activity / Picture: © Vindobona.org

Between 2008 and 2010, more than half of the Austrian enterprises (57%) introduced a product, process, marketing or organisational innovation or had activities targeting at the introduction of these innovations. This is one result of a survey by Statistics Austria among 3 200 enterprises with 10 and more employees in the most important industries. The share of innovation active…