Compared with other industrialized countries, Austria exhibits a substantial "technology gap" in foreign trade that is revealed in a low share of high-technology products in manufacturing exports and in low unit values. The resulting deficit in foreign trade with high-technology products totaled...

In addition to the ongoing processes of growth and change within existing enterprises, the entry of new firms is a major driving force of the continuous regeneration of an economic location's technological, managerial and entrepreneurial resources. This paper provides an up-to-date survey of the...

The Austrian "structure-performance paradox" describes the ambiguous observation of high overall economic performance on the one hand, but a considerable lock in to "old" industrial structures on the other. Compared to other high-income countries, Austria is characterised by an almost unique low...

The economic crisis has had a negative effect on the state of the public budgets. Consolidation measures and the slow recovery of the economy will continue to influence the budget until 2014. However, an increase in public spending on innovation and education is possible in principle, despite...