The competitiveness of Austrian companies, and consequently their employment potential, is a key issue both in Austria and the whole of Europe. It is largely dependent on the quality of activities in the fields of research, technological development and innovation.
The BMWFW therefore considers it important to promote investment in research, development and innovation and to create appropriate conditions for strengthening Austrian companies (particularly small and medium-sized enterprises).
To this end, a selected range of programmes, initiatives and networks is available.
- 10,7 Mrd. Austrian gross expenditure on R&D in 2016
- 948 EU research projects with Austrian partners within the EU-Framework Programm for Research and Innovation "Horizon 2020"
- 2 th position in terms of R&D spending within the EU