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Austria 2025 – A New Strategic Innovation Policy Framework. Addressing Structural Change and Upgrading

Author

Listed:
  • Jürgen Janger
  • Agnes Kügler
  • Andreas Reinstaller
  • Peter Reschenhofer
  • Fabian Unterlass

    (WIFO)

Abstract

Innovation is increasingly seen as the dominant policy to address both economic and societal objectives. As a survey of the innovation policy literature in this paper shows, performance goals for innovation efforts are usually very general, framed as increasing the rate of innovation activities or as changing the direction of innovation activities towards specific societal goals. We argue that there is a middle layer missing in the hierarchy of performance goals, a layer which connects bundles of individual policies and the overarching country-wide innovation performance. Recent research suggests that the economic effects of innovation must be reflected at the sectoral level in either structural change towards knowledge-intensive sectors or upgrading within sectors towards more knowledge-intensive segments. We propose to investigate whether this way of measuring innovation outcomes – which we call the innovation frontier – is a suitable focussing device for innovation policy-making at the national or regional level. The paper outlines the conceptual basis for further more empirically oriented research.

Suggested Citation

  • Jürgen Janger & Agnes Kügler & Andreas Reinstaller & Peter Reschenhofer & Fabian Unterlass, 2017. "Austria 2025 – A New Strategic Innovation Policy Framework. Addressing Structural Change and Upgrading," WIFO Studies, WIFO, number 59290.
  • Handle: RePEc:wfo:wstudy:59290
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    File URL: https://www.wifo.ac.at/wwa/pubid/59290
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    References listed on IDEAS

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    1. repec:wfo:wstudy:59182 is not listed on IDEAS
    2. repec:wfo:wstudy:60794 is not listed on IDEAS
    3. Elisabeth Christen & Sandra Bilek-Steindl & Christian Glocker & Harald Oberhofer, 2017. "Österreich 2025 – Österreichs Wettbewerbsposition und Exportpotentiale auf ausgewählten Zukunftsmärkten," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(1), pages 83-95, January.

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