Having a technologically superior product is not a guarantee of success: it needs to fit the demand and requirements of the market. Luxembourg, with its highly international, diverse population and proximity to technological hotspots in Europe, is the ideal location for carrying out product localisation, testing and certification for different EU markets.
Policy makers here understand the needs and opportunities of companies and are interested in the technologies that drive business. This enables them to put in place frameworks and regulations that act as catalysts, rather than roadblocks, to innovation. Legislation takes due account of the impact on companies.