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R&D budget per person 2020Supporting research and development is a priority in Luxembourg. Recent statistics by Eurostat show that the country is the highest spender for R&D in the European Union relative to its population. With €648 per person allocated in 2020, the country is on top of the podium which it shares with Denmark and Germany.

“Luxembourg’s commitment to investing in R&D is partly motivated by the fact that the research ecosystem is the main catalyst for the country to seize new opportunities for sustainable and responsible development,” comments Research Luxembourg. “Research Luxembourg generates the innovations that can improve the quality of life of tomorrow.”

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South Korean Vsion opens European HQ in Luxembourg

12-04-2024

Smart window specialist Vsion incorporates in Luxembourg to expand into the European market with its groundbreaking PDLC film technology.
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Sustainable composite materials for vehicles of the future

08-04-2024

The Luxembourg Institute of Science and Technology creates sustainable composite materials fulfilling the needs of transport equipment manufacturers.
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“An international view on the European healthtech market”

08-04-2024

Carole Brückler at the Luxembourg Ministry of the Economy speaks about why companies should attend the European Digital Healthtech Conference on 14-15 May 2024.
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Luxembourg one of the world’s 20 top financial centres

05-04-2024

According to the Global Financial Centres Index, Luxembourg’s financial centre performs particularly well in human capital and infrastructure.
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LIST and Expon Capital to attract AI companies to Luxembourg

28-03-2024

The Luxembourg Institute of Science and Technology and VC company Expon Capital have joined forces to identify R&D opportunities in artificial intelligence.
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