From Gutenberg's printing press to Hertz' discovery of electromagnetic
waves, from Ehrlich's development of chemotherapy to Einstein's
theory of relativity, to Brandenburg's creation of the MP3 digital
music format, throughout history Germans have proven themselves
time and again to be great innovators. That trend continues today.
4 of the world's 10 most innovative companies are located in Germany
and at % of the world's patent applications, the country ranks
3rd in the world. Consequently, 200,000 businesses introduce new
products on the market each year.
As a nation committed to research and development, Germans are on the frontline of new technologies. Germany exports more high-tech products than any other country except the . and more than 600 firms are active in the cutting-edge field of biotechnology. 115 of these are located in Munich alone. The east German city of Dresden has become Europe's microchip center with its more than 765 semiconductor firms.
Given the Germans' commitment to innovation, it is perhaps not surprising that two-thirds of the world's leading international trade fairs take place in Germany. These include CeBIT, the world's largest trade fair for information and communications technology, and the IFA consumer electronics trade fair.