V-Research stands for industry-oriented research and development in the business areas of design automation and tribodesign. The “Verein zur Förderung der industriellen Forschung” [Association for the Promotion of Industrial Research] holds 51 per cent of the limited-liability company (GmbH) shares in V-Research. This association comprises 16 companies and two institutions. 49 per cent of V-Research GmbH are owned by the Land Vorarlberg [Province of Vorarlberg], represented by Vorarlberg University of Applied Sciences. Founded in 2004.