Innovation out of Tradition
Saxony's great innovative strength was and is a major asset. This is confirmed by the EU "Regional Innovation Scoreboard": Saxony is a European "Strong Innovator".
EU "Regional Innovation Scoreboard" - Saxony Scores With:
R&D expenditureshigh public and corporate spending on research and development
Innovative SMEsHigh expenditures on innovation in the SME sector
Process innovationsabove-average number of SMEs introducing process innovations
High-tech WorkplacesLarge number of employees in innovative SMEs
Strong Focus on Research & Development
R&D expenditure in the public and corporate sectors is one of the most important drivers of growth in a knowledge-based economy. Research intensity (R&D expenditure as a proportion of a region's GDP) is therefore an important indicator of a region's future competitiveness and prosperity.
The region around Saxony's state capital of Dresden in particular has ranked among the top 5 regions in the EU for years. The Leipzig region is also consistently among the top 10.
Lienig Dr., Uwe
Dr. Uwe Lienig
Industry, Innovation & Marketing