Economic strategy: Leipzig networks and focuses potential
© Office for Economic Development
Under the motto ‘strengthening the strengths’, emphasis is placed on five high-growth sectors whose basic structures are already sufficiently developed. Leipzig’s economic strategy is to back promising industries with a bright future. Well-structured businesses exploiting their own particular niches cheek by jowl with R&D ideas factories make up the nodes of a whole series of networks.
The Office for Economic Development carries out a wide range of cluster development activities in order to boost Leipzig’s economy in the medium term as effectively as possible.
The benefits of Leipzig’s cluster policy at a glance
- Collaboration with other companies and universities
- Higher competitiveness
- Tapping global markets
- Greater innovation
- Larger pool of skilled labour
- Optimum knowledge and technology transfer between industry and research
- Rising external funding
- Improved facilities
- Steadily increasing research excellence
- Better educational and career opportunities
- Increasing numbers and types of jobs
- Rising income opportunities
- Individual basic and further training
- Higher quality of life in the region
- Above-average economic and employment growth
- Excellent skilled employees
- Stronger innovation ability
- Sharper economic profile
- More direct investment
- Greater competitiveness at a national and international level