R&D Targets 2020 – An Update

The Austrian government has set itself a target of 3.76 percent for the ratio of R&D to GDP to be reached by 2020 and financed to up to one third by the public sector. This report establishes the yearly rise in R&D expenditure which would be necessary to reach the target in 2020. This R&D target path is then compared to known public budget plans to identify any funding gap.