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R&D and Innovation in Hungary

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Katalin Csorba

on 27 January 2013

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Transcript of R&D and Innovation in Hungary

Automotive industry, logistics Health industry Info-communication Energy, environment Advantages - Opportunities Hungarian Economic & Innovation Policy Technology advantages Source: OECD Science, Technology and Industry Outlook 2012 IT clusters Source: European Cluster Observatory Quality of scientific
research institutions Source: World Economic Forum, 2011-2012 Latest investments in R&D sector Automotive Key Technology Areas Electronics ICT Life Science Machinery University-industry collaboration Industrial campus programme of Budapest University of Technology and Economics Cooperation program with multinational companies operating in Hungary
Joint R&D and industrial activity of the university and companies
Shaping university R&D strategy to meet business needs
Development of engineering education for preparing Hungarian SMEs to become suppliers
Co-financed by the Hungarian government R&D infrastructure Miskolc - Science Park Debrecen - Regional Science & Innovation Park Szeged - Medical Science Park Budapest - Infopark, Graphisoft Park, Talentis Park Győr Innonet Innovation Center, Széchenyi University Székesfehérvár - Alba Innovation Park Pécs - Pécs Industrial Park, Pannova IP Incentives for R&D investments Direct cash subsidy
cash subsidy
based on Government decision
EU co-financed cash subsidy

Development tax allowance
exemption for 80% of the corporate tax payable

Training subsidy
25-90% of eligible training costs,
max. EUR 0.87 M if job creation is between 50-500,
max. EUR 1.7 M if job creation >500

Job creation subsidy for SMEs
EUR 3,800-7,000) per new job

Other incentives Thank you for your kind attention IBM Dinner, Washington, DC, December 18, 2012 Embassy of Hungary
Washington, D.C. R&D AND INNOVATION IN HUNGARY Katalin Csorba,
First Counselor,
Head of the Hungarian Economic Representatives New Szechenyi Plan Competitiveness Employment Programs of the
New Szechenyi Plan Health industry Labor economy Network economy Home-creation Green economy Knowledge economy Transit economy Principles Integration Global & European
competitiveness Development creating
new markets High added value Why Hungary RDI Startegy Sustainable growth & development based on an efficient RDI system 2020: R&D/GDP=1.8%, 2030:R&D/GDP=3% Globaly competitive knowledge bases Intensive flows of knowledge Efficient knowledge utilization Network economy Thank you for your kind attention! Thank you for your kind attention
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