Service Innovations

Services account for a significant share of both added value and employment in the Austrian and European economies. Over two-thirds of Austria's GDP is generated in the services sector, making it an extremely important factor in the Austrian economy.

Innovative services also play a major role in the manufacturing industry, in the form of pre-production and post-production services. In addition to their economic impact, research, development and innovation in the services sector bring further benefits in meeting the major challenges faced by society.