The furthering of research, development and innovation (RDI) activities and the implementation of an efficient RDI policy are key priorities for Luxembourg's Government. The Government's objectives include promoting economic diversification, enhancing the competitiveness of the country's businesses and building a knowledge-based society.
The public budgets dedicated to research in Luxembourg have increased from €28 million to €326 million between 2000 and 2014. The Government has established a level of national R&D intensity in the interval of 2.3% to 2.6% of GDP as an objective for the year 2020.
In 2014, the Innovation Union Scoreboard, which is used to evaluate and classify the innovation performance of EU Member States, categorises Luxembourg as an "innovation follower", ahead of other European countries such as France, Italy or Spain and above the European average in terms of innovation performance.
The Panorama of research and innovation in Luxembourg section of the Luxembourg Portal for Innovation and Research provides an overview of the relevant activities and outlines the main developments as well as the current context. It also offers an insight into the political efforts made by the government to strengthen RDI and lists milestones and statistical data associated with RDI in Luxembourg.
Luxembourg – business card
- Surface: 2.586km2 in the heart of Europe
- Population: over 560,000 inhabitants
- Multicultural environment and highly skilled workforce
- Strong potential for GDP growth
- A strategic business hub with high potential for economic development
- Diversified industry, cutting-edge technologies, innovative products and services
- International financial centre
- Intensive R&D and innovation activities
- Attractive economic and fiscal policies
- An economy with modern infrastructures
- High quality of life