How Much Do Austrian Firms Invest in Knowledge Capital?
Evidence from Micro Data
WIFO, together with Statistics Austria, investigated the role of knowledge capital within the framework of the "Horizon 2020" project "GROWINPRO". This is becoming increasingly important in highly developed economies. This Research Brief uses micro data from Statistics Austria to show the use of knowledge capital in Austrian firms across industries. Based on these first empirical results, a critical discussion and valuable conclusions for economic policy can be derived.