The support of research and development is a key priority for South Tyrol’s province government. Substantial subsidies are available for businesses, including grants for basic research, industrial research, and for process and organisational innovation. Incentives are also given for cooperation with other companies and research institutions. A number of institutions supported by the Province of South Tyrol have had long associations with the areas of renewable energy, climate change, energy efficiency and sustainable mobility, agro-food technologies, ICT & Automation, health & wellness, alpine technologies.
The provincial law 2006 n. 14 was a first step in establishing a systematic R&I strategy in South Tyrol, creating the prerequisite for targeted multi-annual funding for scientific research, basic research and applied research. Since then the investments in research and development have increased steadily and the provincial Law 14/2006 is yet today the main instrument of the regional research & innovation policy.
In 2010, a total of 103.2 million euros were spent in South Tyrol for in-house research and development, the private sector carrying two thirds. The corporate sector has always been the most important source of funding for R&D. In 2011, total expenditure increased further to 118.3 million euro, of which 74.2 was invested in companies (63%). In 2011 the private sector employed 1,559 individuals in the area of R&D, which is an increase of + 6.4% in comparison to the previous year.