A STRONG FOCUS ON RESEARCH AND DEVELOPMENT
Of vital importance for the sustainable development of the business venue Saxony are research and development. In a European comparison, Saxony has already gained an excellent position here. In fact, Saxony is a "Strong Innovator" among the European regions (Source: EU’s “Regional Innovation Scoreboard 2021”).
This is not a coindicidence. – The proportion of R&D expenditures of the gross domestic product (R&D intensity) has been increasing by a total of almost 20 percent since 2005. It is, in particular, the region around Saxony’s state capital Dresden which is able to score points here at a European scale: The NUTS 2 region of Dresden leads the European regions in terms of R&D intensity.