Start-ups in Austria risk falling behind European rivals – Financial Times Article

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“Austria, like Germany, has a deftness for creating highly specialised companies – often less well-known “hidden champions” – that are also global leaders in their field, according to the agency charged with promoting investment in the country. […]
But the rate at which start-ups are created in Austria remains lower than that in comparable European countries, and a new law aimed at controlling foreign direct investment from non-EU countries, coupled with existing red tape, has prompted concerns that innovation is being stifled …”

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