A recent ZEW study among 2000 entrepreneurs shows that in 2007, research and innovation gained more and more importance. Compared with 2006, research expenditures may raise by 7 per cent. This would be the highest growth rate recorded since 2000. In 2007, 40 per cent of the companies increased their personnel recourses in the area of research and innovation. The driving forces behind this high dynamics are the increasing demand for innovative products and the growing international competition. However, Germany’s governmental high-tech strategy has been proven effective as well.

Further results of the research can be found in the  ZEWnews edition of December 2007.

Download the survey’s complete research report here .

The ZEWnews edition of December 2007 also contains the following: an essay about IT outsourcing of German companies, a report concerning the INFER workshop about competition theory and competition policy, an opinion of Wolfgang Franz, ZEW president, on the commuter tax relief and an article about his presentations in which he presents the annual report of the German Council of Economic Experts.

Date

13.12.2007

Contact

Press Officer

Phone: +49 0621 1235-133

sabine.elbert@zew.de