Innovative Upper Austria (9 minutes)

Around a quarter of Austrian industrial production and exports derive from Upper Austria, which is thus the leader among the nine federal states.

Austrias leading industrial region is characterised by high levels of dynamism and economic stability. Powerful employment growth and low levels of unemployment are the result of the competitive strengths of the region and its companies.

Upper Austrias good economic and labour market ratings in international comparisons derive from a number of factors, of which the following are the most important:

High levels of employee qualifications and motivation
An economic structure with a "healthy" blend of branches and company dimensions with a wealth of innovative and flexible companies, which are thus highly competitive
Corporate strengths with regard to innovation and flexibility
Many of these companies have focused on market niches and number among Europes leaders with regard to market share and technology.

Category:

Science & Technology

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