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Innovation as a driving force for the growth of the Austrian environmental technology economy

Author

Listed:
  • Kaufmann Alexander

    (Industriewissenschaftliches Institut, Wien)

Abstract

The Austrian environmental technology economy has shown a positive development also in recent – crisis-ridden – years. Since 2019, sales have grown by an average of almost 9 % per year and employment by 3 %. This means that the development in the environmental technology sector is significantly higher than that of the Austrian economy as a whole. Innovation plays a key role in this. Both the manufacturing environmental technology companies and those that offer environmental technology-related services have a significantly higher product innovation frequency than the Austrian economy overall.

Suggested Citation

Handle: RePEc:vrs:wipobl:v:2025:y:2025:i:1:p:63-66:n:1002
DOI: 10.2478/wpbl-2025-0002
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More about this item

JEL classification:

  • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
  • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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