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Unexpected Rise in Research Expenditure
Politics ♦
Published: November 4, 2010; 03:01 ♦ (Vindobona)
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Against the general trend, Austria's economy is increasingly investing in research and know-how.
Unexpected Rise in Research Expenditure / Picture: © Vindobona.org
In 2009, an increase of 0.6% (compared with 2008) in expenditure for research and development (R&D) was recorded by Austrian companies. This was clearly contrary to the general trend: globally considered, expenditure fell by 3.5 % in the yearly comparison. Germany reduced its investment expenditure by 3.0%. The major exceptions are the emerging countries India and…
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