In an attempt to reproduce the skyrocketing growth of the GSM standard, "standardisation" turned into a buzzword of many innovation and industrial policy documents. This paper critically discusses the potential for using standards as a policy tool by providing an overview of the complexity of...

By selecting firms with high growth and profitability potential, investors of risk capital play an important role for corporate innovation and financing. Yet, the Austrian risk capital market is underdeveloped. Investment in venture capital and for growth of firms amounted to a modest 0.04...

The report underpins the discussion of applications of information and communications technologies (ICTs) in the welfare sector. Greater use of ICTs is embedded in the Europa 2020 growth strategy which sees the availability of broadband access as a prerequisite for the use of such services....

In 2011, the cash flow to sales ratio should have increased in the Austrian manufacturing sector. The rise reflects the continued recovery after the severe crisis in 2008 and 2009, which was also marked by a drop in the cash flow to revenue margin. For 2011, econometric estimates based on a...

In this paper we argue that changes in the EU membership status of the countries in Central and Eastern Europe led to less concentrated markets. This is due to the implementation of competition policy and other pro-competitive policies embedded in the Community Acquis, the body of European Union...

Austria is a small open economy that in the last decades underwent two different waves of increasing trade integration: one with Eastern Europe and one with China. Drawing on trade theory, this paper studies the effects of increases in trade with China and Eastern Europe on labour market...

The report summarized the main contents that were presented at the Second WWWforEurope Feedback Conference, taking place on May 6th 2015 in Vienna. After 38 months of extensive work on essential questions for Europe’s future with a particular focus on laying the analytical basis for a...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...