Business Location, Innovation and International Policy

Location Policy, Innovation & Internationalisation

The goal of the Federal Ministry for Digital and Economic Affairs is to further improve business opportunities, promote growth and ensure sustained recovery. In order to enhance Austria's locational attractiveness, DG II – Location Policy, Innovation & Internationalisation – takes a number of measures to provide a business-friendly environment.

The Internationalisation Initiative (Internationalisierungsoffensive) supports Austrian exporters and investors to succeed even under difficult conditions of international competition. 

The competitive strength of companies and thus their potential for employment are a central subject in both Austria and Europe as a whole. These factors greatly depend on the quality of activities in research, technological development and innovation. Consequently, it is important for the Federal Ministry to further enhance investment in research, development and innovation and to establish the appropriate framework for strengthening Austrian businesses, in particular small- and medium-sized companies. For this purpose, a coordinated portfolio of programmes, initiatives and networks has been made available.

  • €12.3bn  gross domestic expenditure on R&D in 2018
  • 1.748 EU research projectswith Austrian partners within the EU Framework Programme for Research and Innovation Horizon 2020.
  • 2nd placein R&D spending within the EU

 

Business start-ups

Starting up one’s own business is an excellent choice for people who wish to work for themselves and who are prepared to put in above-average effort. New businesses give important impetus to the Austrian economy; they create new jobs and are a major engine for growth. The Ministry’s “business start-up” service supports you in your first steps to become self-employed.


Last Modified: 10.05.2019 15:22