Magazine "Liechtenstein as a business location - simply successful"

liechtenstein.marketing

The magazine offers information about the economic area, the general conditions, local companies and jobs in the principality. Discover the large, diversified industrial sector and learn more about the financial center. Both economic sectors benefit from the numerous advantages of Liechtenstein as a business location.

14—15

RESEARCH AND

DEVELOPMENT

Ideas for

the future

Research and development

investments made by Liechtenstein’s

industrial companies

simply

innovative

7 %

8.9%

Product maintenance

and other expenses

Process

development

Intamin –

The

roller coaster

business

Liechtenstein is working towards the future. In 2017,

There are some roller coaster fans who could only

the industrial companies affiliated with the Liechtenstein

dream of working for Intamin. But the construction of

Chamber of Commerce and Industry invested CHF 546

roller coasters is about more than just layouts and

million – or 8.9 % of the gross domestic product – in

research and development. Two thirds of these investments

go towards their own projects, and one third

40.5%

Product

development on

behalf of customers

animations. Many hours of hard work and a high degree

of skilful engineering go into every ride. Structural

engineering, calculations and countless detailed drawings.

towards bought-in projects.

But the technology freaks and adrenaline junkies of

the Liechtenstein-based company all agree – at Intamin,

it’s all about real innovation. Everything they construct

Liechtenstein works closely with

technological development and

on paper or animate on computers today, they can

its neighbours to provide its

companies with the best condi tions

for research and development.

For instance, companies can benefit

demonstration at their own

expense. The Principality is also

part of the Swiss Innovation

Agency, Innosuisse, and the gov-

experience later first-hand. The drawing of a gearbox

or an axle may seem small and insignificant at first,

but at some point you’ll be standing in front of one of

both from the Swiss National

Science Foundation and the Austrian

ernment also supports small

and medium-sized enterprises

these “monsters”.

Science Fund. Liechtenstein compa-

with funding for innovation,

nies can also participate in EU

exports and digitization.

framework programs for research,

33%

In-house

product

development

Intamin = INTernational AMusement INstallation

Over 50 years of success (since 1967)

Around CHF 100 million in annual sales

Around 1000 roller coasters on all continents

Around 100 employees in Liechtenstein

Liechtenstein supports innovation. Find out more:

10.6%

Research

and basic

development

Find out more about Intamin

www.liechtenstein-business.li/innovationsupport

www.liechtenstein-business.li/intaminstory

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