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OECD Reviews of Innovation Policy: Austria 2018

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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.

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Foreword

The OECD Review of Austria’s Innovation Policy is part of a series of OECD country reviews of innovation policy (http://www.oecd.org/sti/inno/oecd-reviews-of-innovation-policy.htm). It was requested by the authorities of Austria, represented by the Federal Ministry of Education, Science and Research (BMBWF) and the Federal Ministry for Transport, Innovation and Technology (BMVIT). The review was jointly supported by the ministers in charge, Prof. Heinz Faßmann (BMBWF) and Nobert Hofer (BMVIT). The review was carried out by the OECD Directorate for Science, Technology and Innovation under the auspices of the Committee for Scientific and Technological Policy (CSTP).

English

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