Country Perspectives: Austria’s Journey
Publication year: 2024
DOI: English
Austria’s Journey in the “Unlocking IP-backed Financing Series” gives an account of how Austria fosters growth and innovation on multiple fronts, from promoting research to supporting local businesses. With intellectual property recognized as a strong driver of commercial success, the country maintains a strong legal framework that supports its protection. Austrian innovators actively leverage IP assets for competitive advantage and market expansion. While IP-backed financing has yet to become mainstream in Austria’s financial landscape, increased awareness and the growing venture capital market present promising pathways for its development.