The Principality of Liechtenstein is a small country, with a population of about 36,000. 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

The skill center at the Hochschule Liechtenstein
acts as an interface between business and science; its activities
include economic and trend research