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OECD Reviews of Innovation Policy: Austria 2018

image of 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.

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Improving the performance and attractiveness of higher education institutions and public research institutes in Austria

This chapter examines the performance and attractiveness of Higher Education Institutions (HEIs) and Public Research Institutes (PRIs) in Austria. It outlines the evolution of the higher education landscape and assesses the performance of HEIs in human capital formation, research and in “third mission” activities. It continues by discussing the strategic steering and funding of public universities and the role of competitive funding. The chapter concludes by discussing the role of different types of PRIs in the Austrian innovation system.

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