In spite of the continued low level of investment in Europe, the microtechnology industry is rather keen to invest and innovate. According to the annual economic data survey of the IVAM Microtechnology Network, more than a third of all European microtechnology companies intend to increase investments and intensify R&D efforts in 2016.
The level of investment in Europe is still significantly below the level of 2007, the period before the financial and economic crisis. The Juncker investment plan, which was installed in early 2015, and the European Central Bank’s step to cut the main interest rate and raise the deposit rate for dormant bank deposits in March 2016 are supposed to overcome the investment backlog.
Instead of relying on the effects of European monetary policy and easier loans, the microtechnology industry invests a lot of its own revenue. In 2015, 28 percent of companies have invested more than 20 percent of their turnover in research and development.
While in the whole of Europe the medical technology and healthcare industry continues to be the microtechnology industry’s major driver of innovation, in Germany the automotive industry has clearly outrun medical technology as top target market. The new energy policy and the demand for new drive concepts for electric mobility have obviously given a boost to innovation and created new business opportunities in the supplying industry.
What slows down the innovativeness of the European high-tech industry is the special status of some European countries. The partly associated status within the EU framework program Horizon 2020 to which the EU has downgraded Switzerland after the referendum on the mass immigration initiative in February 2014 negatively affects the R&D performance of high-tech companies and institutes throughout Europe, since joint research activities and projects are hampered.
The industry representatives fear further disadvantages for cooperation, innovation and, ultimately, the competitiveness of the European microtechnology industry, if the majority of the population of Great Britain opted for the country’s withdrawal from the EU in the referendum in June 2016.
The IVAM Microtechnology Network collects economic data of the microtechnology, MEMS, nanotechnology, advanced materials and optical/photonics industries once a year. In February 2016, more than 3,000 companies and research institutes in Europe have been asked about their economic situation and business strategy, the possible exit of Great Britain from the European Union, and the status of Switzerland in Europe.
Mona Okroy-Hellweg | idw - Informationsdienst Wissenschaft
New drug reduces transplant and mortality rates significantly in patients with hepatitis C
29.05.2017 | Intermountain Medical Center
Institutions of higher education spent more than Euro 48 billion in 2014
19.05.2016 | Statistisches Bundesamt
Scientists at the University of California, Los Angeles present new research on a curious cosmic phenomenon known as "whistlers" -- very low frequency packets...
Scientists develop first tool to use machine learning methods to compute flow around interactively designable 3D objects. Tool will be presented at this year’s prestigious SIGGRAPH conference.
When engineers or designers want to test the aerodynamic properties of the newly designed shape of a car, airplane, or other object, they would normally model...
Researchers from TU Graz and their industry partners have unveiled a world first: the prototype of a robot-controlled, high-speed combined charging system (CCS) for electric vehicles that enables series charging of cars in various parking positions.
Global demand for electric vehicles is forecast to rise sharply: by 2025, the number of new vehicle registrations is expected to reach 25 million per year....
Proteins must be folded correctly to fulfill their molecular functions in cells. Molecular assistants called chaperones help proteins exploit their inbuilt folding potential and reach the correct three-dimensional structure. Researchers at the Max Planck Institute of Biochemistry (MPIB) have demonstrated that actin, the most abundant protein in higher developed cells, does not have the inbuilt potential to fold and instead requires special assistance to fold into its active state. The chaperone TRiC uses a previously undescribed mechanism to perform actin folding. The study was recently published in the journal Cell.
Actin is the most abundant protein in highly developed cells and has diverse functions in processes like cell stabilization, cell division and muscle...
Scientists have discovered that the electrical resistance of a copper-oxide compound depends on the magnetic field in a very unusual way -- a finding that could help direct the search for materials that can perfectly conduct electricity at room temperatur
What happens when really powerful magnets--capable of producing magnetic fields nearly two million times stronger than Earth's--are applied to materials that...
08.08.2018 | Event News
27.07.2018 | Event News
25.07.2018 | Event News
16.08.2018 | Life Sciences
16.08.2018 | Earth Sciences
16.08.2018 | Life Sciences