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OECD Reviews of Innovation Policy: Austria 2018

Over the past two decades, Austria has become one of the most R&D intensive economies among OECD countries and in the world, dedicating 3.1% of its GDP on R&D in 2016, the second highest figure in the European Union. To fully harness this R&D capacity, Austrian innovation policy needs to put a stronger emphasis on efficiency in transforming R&D inputs into impacts. To achieve higher impacts, Austria also needs to steer its research and innovation system towards leadership excellence in global markets. This requires enhanced international attractiveness for top-level researchers and talent, and a conducive environment for highly innovative enterprises. Austria could also benefit from strengthening R&D and innovation to support key transitions, such as digitalisation and Industry 4.0, and to tackle key societal challenges. The STI policy mix and governance arrangements should be adapted accordingly.

Published on December 14, 2018

In series:OECD Reviews of Innovation Policyview more titles

TABLE OF CONTENTS

Foreword
Acronyms and abbreviations
Executive summary
Overall assessment and recommendations
The Austrian innovation system: Evolution and current challenges
Business innovation and Industry 4.0 in Austria
Improving the performance and attractiveness of higher education institutions and public research institutes in Austria
Reconfiguration of science, technology and innovation governance in Austria: Structures for innovation leadership
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