RESEARCHING FOR TOMORROW'S WORLD
Germany has always ranked among the best when it comes to researching and developing new technologies. Its strengths lie in mechanical engineering, chemistry, physics, medicine, mathematics and humanities. Germany leads the world in nanotechnology, environmental research, automotive construction and engineering sciences. In recent years, industrial research has focused ever more strongly on advanced technologies that promise ideal growth prospects. Its core competencies are pharmaceuticals, electronic engineering, nanotechnology, information and communication technology and medical technology.
More than 250,000 scientists conduct research in Germany – at universities and internationally acknowledged research institutes. Many of them work closely with companies and industry.Every year more than 13,000 German research and development experts register patents on their innovations and the figure is growing. That means: One quarter of all European patents are based on innovations developed by German scientists. Such inventive talent has earned a total of 83 Nobel Prizes for Chemistry, Physics and Medicine/Physiology. Scientists from all over the world make use of the outstanding research conditions at 107 universities, 308 colleges and 308 research institutes.
Germany has one of the best university systems in the world. Well-known universities and colleges, such as the universities in Mannheim, Heidelberg and Munich, and the technical universities in Darmstadt, Aachen and Karlsruhe rank among the best at international level.
Quality and stability, tradition and innovation
As a business location, Germany boasts innovative, internationally operating companies, an outstanding infrastructure, peak performance in research and development, a highly qualified workforce and an internationally acknowledged education system. Thanks to its central geographic location Germany is, moreover, the gateway to the new markets in Eastern Europe.
The German economy is international. As the fourth largest macroeconomy after the USA, China and Japan, Germany is one of the world's leading industrial nations. Germany has the highest gross national income and the largest population of any country in the European Union, making it the most important market in Europe. The continual growth of exports clearly underlines the country's ability to compete at international level. Germany has been world champion in this field for years and until recently.
Industry is the principal branch of economic activity: 49,000 companies employ nearly 6.6 million people and generate revenues in excess of 1.3 trillion euros. The industrial landscape is extremely diverse, and many sectors occupy top international rankings. For example, Germany is the world's third largest automobile manufacturer, and ranks among the best in growth markets, such as biotechnology, information and communication technology, energy technology, environmental protection, mechanical engineering, automation, chemicals and pharmaceuticals. Numerous foreign companies have formed subsidiaries or strategic alliances and are now benefiting from the economic potential offered by Germany.