The Federal Ministry of Science, Research and Economy (BMWFW) creates the best possible framework for enterprises and represents at international levels the interests of Austria as a business location. One of the main objectives is to accelerate structural change by actively supporting research, technology and innovation.
Universities, universities of applied sciences and research entities are places that attract international knowledge. They train a highly qualified and specialised labour force for business and society and are magnets of innovation and creativity. As lead institutions they shape and change their region.