R&D intensity increases to 3.19% in 2018
(World News Austria)

Press release: 11.763-074/18 Vienna, 2018-04-19 - In 2018, approximately 12.3 billion euro are expected to be spent on research and experimental development (R&D) in Austria, according to a forecast by Statistics Austria. The research intensity, which represents the gross domestic expenditures on R&D as percentage of the nominal gross domestic product (GDP), will increase to 3.19%. Therefore the research intensity will be slightly higher than 2017 (3.16%) and 2016 (3.15%), but considerably higher than 2015 (3.05%). Expenditures on research will rise by 5.6% from 2017 to 2018, and will hence lie above the increase of the nominal gross domestic product of 4.9%. Since 2014, the R&D intensity...