November 10, 2024. New report with data for 2022 published | Martin Dulig: “The Saxon economy’s expenditure on research and development and on innovation as a whole continues to rise – despite or perhaps because of the challenges posed by the far-reaching transformation and the difficult economic situation.”
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New report published with data for 2022 | Martin Dulig: “The Saxon economy’s expenditure on research and development and on innovation as a whole continues to rise – despite or precisely because of the challenges posed by the far-reaching transformation and the difficult economic situation.”
Innovations are the driving force behind growth and prosperity in Saxony. Almost 60 percent of all companies in the Free State are active innovators. This is the result of the latest survey on the innovation behavior of the Saxon economy in 2022, which has now been published.
“Despite or precisely because of the challenges posed by the far-reaching transformation and the difficult economic situation, Saxon companies are acting innovatively. Because innovating means investing in the future – and that is what is happening here in Saxony every day,” says Martin Dulig, Saxony’s Minister of Economic Affairs. “With creativity and confidence, they create jobs and prosperity in Saxony. The results of the survey are an expression of their innovative strength.”
The innovation expenditure of the Saxon economy is continuing its positive trend of recent years. In 2022, Saxony’s economy spent around 1.8 billion euros on research and development (R&D) – around 21% more than in 2019. Including expenditure on the preparation, production and distribution of innovations, the total innovation expenditure of Saxony’s economy in 2022 was 4.2 billion euros – around 7% more than in 2019. Small and medium-sized enterprises (SMEs) in particular are characterized by a strongly positive development. With an above-average R&D intensity, even compared to Germany as a whole, and a share of around 60% of total R&D expenditure, they are shaping Saxony’s innovation landscape.
Minister Dulig continued: “It is particularly pleasing that more and more small and medium-sized enterprises are active in innovation. At the same time, the current development confirms the direction of our innovation policy. With the Saxon innovation strategy and a wide range of support services, the Saxon Ministry of Economic Affairs is always at the side of local companies.”
Further information and data can be found in the brochure “Innovation behavior of the Saxon economy”.
An annual monitoring of innovation activity in the Saxon economy has been taking place since 2017. The data basis for this is the “German Innovation Survey” conducted annually by the Centre for European Economic Research (ZEW) on behalf of the Federal Ministry of Education and Research (BMBF). Every year, companies from industry and business-oriented services with at least five employees are surveyed on aspects of their research, development and innovation activities. On behalf of the Saxon Ministry of Economic Affairs (SMWA), the main sample of the “German Innovation Survey” is supplemented by a Saxony-specific (additional) sample to ensure representativeness for the Saxon economy. The results are comparable across the 27 EU member states.
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👉 https://www.smwa.sachsen.de/
Image: Canva
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This is an automatic translation with DeepL.com. Read the original text in German.
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