The European objective, which was announced in the Lisbon strategy, is for spending on Research and Development (R&D) to reach 3% of GDP by 2010. With this in mind, Luxembourg is encouraging businesses to invest in research and innovation, which promote growth and employment.
The R&D sector includes scientific and technical research. R&D is also closely linked to technological innovation and thus allows companies to be more competitive.
Luxembourg's framework law on economic development and diversification introduced a system for promoting R&D. The system is the main instrument for co-financing private research activities.
R&D has an important place in Luxembourg policy. The main players in this field are:
- Public research centres (CRP);
- private agents.
Alongside R&D, innovation is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage research.
Companies wishing to employ third-country nationals as researchers have to obtain approval from the Ministry of the Economy and Foreign Trade.
The Guichet entreprises business portal also provides various information to entrepreneurs.
The Luxembourg portal for innovation and research provides you with:
- an advertisement database for finding business partners and placing advertisements;
- a directory of technological skills related to innovative Luxembourg companies;
- a guide to support.
The University of Luxembourg focuses on training and research. Its aim is to strengthen Luxembourg research in areas such as materials science, life sciences, computer science, geodynamics and seismology, and mathematics.
The Henri Tudor technology monitoring centre informs companies about new technologies, techniques and innovations as well as their competitors' latest technology.
The Guichet entreprises business portal gives details of the financial aid that companies may claim.
The National Research Fund aims to develop skills and synergies nationally and internationally.
You must complete an application form to receive subsidies or support in connection with R&D. The form varies according to the kind of subsidy requested and must be completed by the project promoter.
To encourage technological cooperation among companies, Luxembourg has introduced a cluster programme. The programme helps companies set up industrial partnerships for sharing their skills and cooperating in research projects, ultimately strengthening their competitive position.