Research and Innovation Policy after the Crisis
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 budget consolidation. A "frontrunner strategy" can be implemented despite limited public resources, mainly by focussing resources and policy instruments on a strengthening of the leverage effect, in order to optimally make use of potential for private financing. Measures to implement this frontrunner strategy by 2020 and establish the pre-conditions for sustainable, innovation-based growth must go beyond a public funding system providing subsidies in the narrow sense. The elimination of bottlenecks in the education system and the improvement of the environment for innovative companies are of central importance to this approach. Intensified start-up dynamics, more dynamic growth of innovative businesses and additional international R&D headquarters can enable the structural change required to achieve these objectives.
Volume (Year): 15 (2010)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: Arsenal Object 20, A-1030 Wien|
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Peneder, Michael, 2010.
"Technological regimes and the variety of innovation behaviour: Creating integrated taxonomies of firms and sectors,"
Elsevier, vol. 39(3), pages 323-334, April.
- Michael Peneder, 2010. "Technological Regimes and the Variety of Innovation Behaviour. Creating Integrated Taxonomies of Firms and Sectors," WIFO Working Papers 362, WIFO.
- Werner Hölzl & Klaus Friesenbichler, 2010. "High-growth firms, innovation and the distance to the frontier," Economics Bulletin, AccessEcon, vol. 30(2), pages 1016-1024.
- Debackere, Koenraad & Veugelers, Reinhilde, 2005. "The role of academic technology transfer organizations in improving industry science links," Research Policy, Elsevier, vol. 34(3), pages 321-342, April.
- Markus Marterbauer, 2010. "Boom in Asia, Slow Recovery in the EU and Austria. Business Cycle Report of June 2010," Austrian Economic Quarterly, WIFO, vol. 15(2), pages 155-164, July.
- Baghana, Rufin & Mohnen, Pierre, 2009.
"Effectiveness of R&D Tax Incentives in Small and Large Enterprises in Quebec,"
MERIT Working Papers
001, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Rufin Baghana & Pierre Mohnen, 2009. "Effectiveness of R&D tax incentives in small and large enterprises in Québec," Small Business Economics, Springer, vol. 33(1), pages 91-107, June.
- Rufin Baghana & Pierre Mohnen, 2009. "Effectiveness of R&D Tax Incentives in Small and Large Enterprises in Québec," CIRANO Working Papers 2009s-01, CIRANO.
- Michael Peneder, 2008. "The Problem of Private Under-investment in Innovation: A Policy Mind Map," WIFO Working Papers 313, WIFO.
- Giebe, Thomas & Grebe, Tim & Wolfstetter, Elmar G., 2005.
"How to Allocate R&D (and Other) Subsidies: An Experimentally Tested Policy Recommendation,"
Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
108, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Giebe, Thomas & Grebe, Tim & Wolfstetter, Elmar, 2006. "How to allocate R&D (and other) subsidies: An experimentally tested policy recommendation," Research Policy, Elsevier, vol. 35(9), pages 1261-1272, November.
- Markus Marterbauer, 2010. "Boom in Asia, Slow Recovery in EU and Austria," WIFO Monatsberichte (monthly reports), WIFO, vol. 83(6), pages 483-493, June.
When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2010:i:4:p:321-335. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz)
If references are entirely missing, you can add them using this form.