The Principality of Liechtenstein is a small country, with a population
of 35,000. This means that industry has access to only a severely limited domestic market. Liechtenstein
also does not have any natural resources worth mentioning, the income level is high, and there are no
State subsidies such as export supports. Liechtenstein businesses are in direct competition with businesses
in far larger national economies. At the same time, Liechtenstein is too small to influence international
developments. Liechtenstein industry counters these
conditions, which may at first glance appear unfavorable, through high flexibility and adaptability
to the international market. Especially through intensive
research and development work, domestic companies achieve an edge compared to their international competitors.
Liechtenstein therefore has an unusually high proportion of employment in the area of research and development. The
high educational level of the employees and capital-intensive production guarantee the high quality
of Liechtenstein products and excellent provision of services by companies. In
summary, the intensive research and development work, the high level of education, the excellent services,
and the high quality of the products are the foundation of the international success of Liechtenstein
industry. |
 Ivoclar Vivadent Ltd.:
The internationally active dental enterprise develops, produces, and sells high-quality
products for dentists and dental technicians
|