Austria's Performance in the Area of Innovation and Research. An International Comparison

An analysis of the Community Innovation Survey (CIS) just completed by WIFO has found that Austria's innovation performance is significantly better than what critical voices in the ongoing economic and technology policy debate and current statistics on R&D expenditure would suggest. When it comes to product and process innovation and its market introduction, Austrian firms are among the most innovative within Europe. Expenditure on R&D has been surging in recent years.