Knowledge constitutes a permanently renewable and growing resource. This makes knowledge a crucial factor in the value adding processes of an economic area. Through a focus on knowledge, economic development can be achieved independent of natural resources.
Styria is home to a large number of organizations with exceptionally high levels of knowledge intensity: universities and "Fachhochschulen", non-university research institutes such as Joanneum Research and Competence Centers, as well as a lot of industry and small businesses offer a broad spectrum of knowledge based products and services. They operate in an environment of high quality of life and benefit from a competitive information and communication technology infrastructure. The combination of these factors attract both companies and highly educated knowledge workers to position themselves in Styria and provide their knowledge based services to a global market.
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