Innovative Power

INNOVATION AS TRADITION

It was from here that European hard porcelain, the first web offset printing machine, the left hand drive in automobiles, and many other smart ideas began their success stories around the globe. Today, Saxony’s researchers and entrepreneurs are still working hand in hand on intelligent solutions to improve our daily lives.

Map Saxony is a European “Strong Innovator.”

Source: EU Regional Innovation Scoreboard 2019

LEADING-EDGE R&D IN SAXONY

A great plus for Saxony is its enormous innovative power. This has been confirmed by the EU “Regional Innovation Scoreboard”: Saxony is a European “Strong Innovator.”* The region scores points, for example, with the volume of investments into research and development, the large number of employees in medium‑high and high-tech manufacturing and knowledge‑intensive services, and the high degree of R&D cooperations between SMEs.

*The NUTS 2 region of Dresden achieves the highest rating - "Innovation Leader ". The regions of Leipzig and Chemnitz are among the "strong innovators".

    

   

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EXCELLENT UNIVERSITY EDUCATION AS A BASIS FOR SAXONY’S SUCCESS STORIES

The business model Germany is based on high tech branches with strong export activities. That’s why it is so important to train and educate a sufficient number of MINT specialists. Towards this end, Saxony is Germany’s incubator for engineers. This is due to the high proportion of graduates in engineering sciences among all graduates. With 29.1 percent (Germany’s national average: 19.3 percent), Saxony achieves the absolute top value here in a comparison of all federal states. The replacement rate for engineers is also high, around 9.2 out of 100 employed engineers who were subject to mandatory social insurance contributions in Saxony were new engineering graduates. The German national average has only a replacement rate amounting to 6.8 percent.

Source: Education Monitor 2019, Cologne Institute for Economic Research (IW) on behalf of the Initiative for a New Social Market Economy (INSM)

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futureSAX - The ecosystem for innovation-driven growth in Saxony

futureSAX is an initiative of Saxony's State Ministry for Economic Affairs, Labor and Transport. futureSAX pursues the objective of providing growth impulses for existing innovative companies and supporting start-ups in establishing themselves on the market. futureSAX is active for both, high-growth companies with a strong market position and high-potential startups.

   

to futureSAX

INVESTMENT INTO INNOVATION

With its technology funding, the Federal State of Saxony fosters the innovation processes in Saxony’s business community. A specific focus is on the increased support of “knowledge transfer through brainpower” – with which Saxony promotes the employment and qualification of skilled professionals who develop innovations and act as multipliers primarily in SMEs and supports enhanced cooperation between business and science.

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IDEAL LOCATION FOR BUSINESS FOUNDERS

Students and researchers at Saxony’s universities are actively supported in the implementation of innovative business ideas. The highest subsidy rate per student, the largest number of competitions for business founders as well as the highest approval rate when it comes to applications for subsidies all assure Saxony a top position in a nationwide comparison of conditions for business founders. 

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    Saxony's Innovative Power

    Saxony’s greatest competitive edge is its extraordinary innovative power. It was from here that European hard porcelain, the left hand drive in automobiles, the first web offset printing machine, and many other smart ideas began their success stories around the globe. Today, Saxony’s researchers and entrepreneurs are still working hand in hand on intelligent solutions to improve our daily lives.

Im Rahmen des Exzellenzclusters „cfaed“ wird auch an der Echtzeit-Interaktion von Robotern und Menschen geforscht. „Versuchsobjekt“ ist ein gestengesteuerter NAO-Roboter (im Bild), der zukünftig zum Beispiel im Haushalt helfen könnte.

Source: Dresden University of Technology / cfaed / 5G Lab Germany, photo: Matthias Hahndorf

Saxony's Innovative Power

A great plus for Saxony is its extraordinary innovative power. The region is a European "innovation leader" (source: EU’s "Regional Innovation Scoreboard").

Saxony’s researchers and entrepreneurs play a decisive role in developing intelligent solutions for everyday use in the future. Their focus is on intersectoral topics such as lightweight engineering, energy storage technologies, electromobility or organic & flexible electronics.

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We support Saxony.

Dr. Michael Süß

Vice President Engineering, TomTom Telematics

»The Leipzig site, which emerged from the acquisition of the datafactory AG corporation in 2005, is the technological center of TomTom Telematics. The primary reason why we selected this location as our corporate site was the favorable environment for business setups in Leipzig.«

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Success Stories

"ADMONT" - European Research on More-than-Moore Technologies

As part of the »Advanced Distributed Pilot Line for Morethan- Moore Technologies (ADMONT)« project coordinated by X-FAB Dresden, since the beginning of 2015 a total of 19 European partners have been collaborating on the development of a pilot line for the manufacture of semiconductor chips in Dresden with advanced functionalities (»More-than-Moore«).

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