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Innovation and Technological Development

Innovation and technological development in companies are crucial to boosting the competitiveness of the economy. The development of new technologies, the shortening of product life cycles and increasing global competition are increasing the importance of innovation not only for the future growth of companies, but also for their long-term survival. Slovenian companies and institutions working on innovative materials, technologies, processes or IT solutions can also participate in European Space Agency (ESA) projects. Digitalisation aims to connect individual business processes across the company, from paperless operations and process automation to the integration of systems and devices.

Industry in Slovenia

Industry is an important part of Slovenia's economy, as Slovenia is one of the most industrialised countries in the European Union. Industry accounts for 24% of Slovenia's GDP. According to the latest available Eurostat data for 2020 there were 21,978 companies active in industry (activities B, C, D and E according to the NACE Rev.2) in Slovenia. As many as 92% of industrial companies (20,117 companies) were registered in manufacturing activities – C, employing 214,694 people.

Slovenian Industrial Strategy 2021 – 2030

  • Slovenian Industrial Strategy 2021 – 2030

    The Industrial Strategy sets the guidelines for the economy’s transition to a green, creative and smart economy and thus to an increase in competitiveness. During the preparation of this strategy, the world has been facing the coronavirus pandemic, thus making the challenge even greater than ever before. Therefore, the biggest challenge of this moment is most certainly an economic, social and general recovery of countries.
    Strategies and programmes

Innovation and Technological Development

Innovation is a key factor in the success of companies. Successful companies make innovation one of their top priorities. Given the pace of change driven by rapid technological development and societal challenges, the role of innovation will only increase in the future. That is why innovation, in combination with tackling societal challenges, will remain at the forefront of the country's industrial policy beyond 2020. Change forces companies to continuously transform, innovate and update their business models.

Investment in research and technological development is one of the keys to economic competitiveness. One of the main sources for companies to access the latest knowledge and to join the most advanced networks and consortia in the field of technological development are the international programmes in which companies can participate.

Digitalisation in Business

Traditional industries are also becoming digital, smart and striving for environmental improvements. Companies must be open to new ideas and change, encourage creativity and innovation from all employees, and reward and implement good ideas. Investing in research, technological development and innovation is therefore a key factor for economic competitiveness.

European Space Agency

The European Space Agency is a world-renowned intergovernmental organisation created in the 1970s to pool the knowledge and resources of individual European countries to develop space technologies. Slovenian companies and research and development institutions have the opportunity to participate in the Agency's space technology projects. Small satellites are among the successful projects of the Slovenian companies that have already taken advantage of this opportunity.