The driving force behind Germany's economic progress is the thriving culture of innovation in German businesses. In order to secure and boost this success, Germany invests over 3% of GDP in research and Development. This investment is worth over 100 billion euros a year, with over two-thirds going to businesses...
![Innovation System in Germany](https://mimfa.net/administrator/public/Mimfa Innovation System In Germany_-1719400882.png)
Established in 1957 following an agreement between the Federal Government and the Länder or Federal States, it has a coordination and advisory function with regard to the Development of institutions of higher education, science, and research.