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The Research and Development System in Austria – Input and Output Indicators

  • Jürgen Janger

    ()

    (Oesterreichische Nationalbank)

This paper analyzes the efficiency of research and development activities in Austria in comparison with other countries. Public and private R&D spending, which has been increasing steadily for years, is evaluated against a set of performance indicators, such as the number of scientific publications and patents. The efficiency of Austria's R&D system is currently rated “average.” This may change in the future, given that productivity growth in the Austrian economy is declining despite the continually rising research and development ratio. In his conclusions, the author presents suggestions for increasing the efficiency of the system, particularly in the areas of university education and research, in the light of the strong interaction with the corporate sector.

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File URL: http://www.oenb.at/dms/oenb/Publikationen/Volkswirtschaft/Monetary-Policy-and-the-Economy/2005/Monetary-Policy-and-the-Economy-Q1-05/chapters/mop_2005_1_analyses3_tcm16-26926.pdf
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Article provided by Oesterreichische Nationalbank (Austrian Central Bank) in its journal Monetary Policy & the Economy.

Volume (Year): (2005)
Issue (Month): 1 ()
Pages: 43–57

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Handle: RePEc:onb:oenbmp:y:2005:i:1:b:3
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  1. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1992. "Real Effects of Academic Research: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 363-67, March.
  2. Rachel Griffith & Stephen Redding & John Van Reenen, 2000. "Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries," CEP Discussion Papers dp0458, Centre for Economic Performance, LSE.
  3. Charles I. Jones & John C. Williams, 1997. "Measuring the social return to R&D," Finance and Economics Discussion Series 1997-12, Board of Governors of the Federal Reserve System (U.S.).
  4. Pfaffermayr, Michael & Bellak, Christian, 2000. "Why foreign-owned firms are different : a conceptual framework and empirical evidence for Austria," HWWA Discussion Papers 115, Hamburg Institute of International Economics (HWWA).
  5. Guellec, Dominique & Pottelsberghe de la Potterie, Bruno van, 2003. "From R&D to Productivity Growth: Do The Institutional Setting and The Source of Funds of R&D Matter?," IIR Working Paper 03-26, Institute of Innovation Research, Hitotsubashi University.
  6. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
  7. Ernest Gnan & Jürgen Janger & Johann Scharler, 2004. "Determinants of Long-Term Growth in Austria – A Call for a National Growth Strategy," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 23–46.
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