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Innovation System in Germany

postsMain⇾...⇾MediaDoc 04:58, 08 Mar 21
The driving force behind Germany's economic progress is the thriving culture of innovation in German businesses. In order to secure and boost this success, Germany invests over 3% of GDP in research and Development. This investment is worth over 100 billion euros a year, with over two-thirds going to businesses...
Innovation System in Germany
Established in 1957 following an agreement between the Federal Government and the Länder or Federal States, it has a coordination and advisory function with regard to the Development of institutions of higher education, science, and research.
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