Germany Spends Almost 400 Billion on Education, Research, Science
The country’s Federal Statistical Office says that private and public spending reached EUR 398 billion in 2023.
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The country’s Federal Statistical Office says that private and public spending reached EUR 398 billion in 2023.
Ultra-thin power semiconductors, graphite battery cell breakthroughs, chemical feedstocks from solar energy and artificial photosynthesis developments are just some of the most recent innovations developed in Germany’s flourishing R&D landscape.
The western German regional state of Hessen is investing ten figures in future technologies and ideas.
German companies spent nearly EUR 90 billion on research and development in 2023, more than ever before.
Belgian nanoelectronics and digital technology research organization Interuniversity Microelectronics Center (IMEC) has announced plans to establish an auto chip development center in Heilbronn, Baden-Württemberg. Working with German auto manufacturers and suppliers and research partners in the region, IMEC will develop semiconductor chips for the auto industry.
Innovation continues to flourish in Europe with Germany consolidating its position as the world number two for patent applications in Europe.
From AI models for identifying sepsis, “sticking plasters” to prevent heart failure and neuromorphic chips that function like the human brain, Germany’s R&D landscape is producing technologies to transform life.
Animal-free chemicals testing, wooden wind rotor blades and a process from removing microplastics from water – these are just some of the more recent developments in Germany’s innovative R&D landscape.
Automotive engineer Richard Oberle and computer scientist Cordelia Schmid both won prizes at the annual event, which was sponsored by the European Patent Office (EPO).
The High-Tech Gründerfonds (HTGF) will sell its shares in start-up Cardior Pharmaceuticals as part of a billion-euro acquisition by industry giant Novo Nordisk.