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06-Sep-2017 03:24

Employment in medium- and high-tech manufacturing is comparatively high at 5.8% (Netherlands: 2.7%, Belgium: 4.7%, Ireland: 5.2%).

Given these indicator values, the innovation performance of the private sector has been somewhat disappointing.

The application procedure, which includes certification of the applicant firm by the Austrian Research Promotion Agency (FFG), has been further simplified in 20 to induce more SMEs with low administrative capacity to apply.

An evaluation of the instrument's effectiveness had been postponed during 2015, but is now likely to take place in 2016.

Analysts have also speculated that modest efficiency could be a consequence of the substantial shift from direct to indirect support during the past decade.

The share of tax incentives for R&D expenditures in the policy mix has increased by 42% from 2006-2011 (latest available year).

On the other hand, although some measures that have reached the end of their budgeting period have been discontinued, FFG and AWS still manage a large portfolio of instruments that provide support for private R&D and innovation activities.

New initiatives in the past few years have increasingly focused on improving knowledge transfer and science-industry cooperation in order to boost private sector innovation performance.

Up to 10% of a company's R&D expenditure (including up to €1m for extramural research) can be deducted from taxable income, and carry-over and refund is allowed.

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Direct support instruments have been streamlined to a certain degree over the past years.

Common funding rates have been introduced, administrative procedures simplified and reporting requirements harmonised across instruments.

Up to 10% of a company's R&D expenditure (including up to €1m for extramural research) can be deducted from taxable income, and carry-over and refund is allowed.

It always stressed me out and usually the other person would be scared away. " Our site is the only one online that serves the specific niche audience of those with a diagnosed mental illness.

No Longer is different in that everyone on there has a mental illness. By creating this inclusive community our users can rest assured that each user on the site is sensitized to the particular challenges of managing a mental illness.

Direct support instruments have been streamlined to a certain degree over the past years.

Common funding rates have been introduced, administrative procedures simplified and reporting requirements harmonised across instruments.

Foregone tax revenue was €572m in 2012, €377m in 2013 and €495m in 2014.