Technology Flows in the Austrian Economy
To complement the traditional science and technology indicators, the OECD has been measuring the total R&D content of output flows for several years. This measure not only includes direct expenditures on research and development but also the R&D content of intermediate and investment goods, both dom...Link(s) zu Dokument(en): | WIFO Publikation |
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Veröffentlicht in: | Austrian Economic Quarterly |
Hauptverfasser: | , |
Format: | article |
Sprache: | Englisch |
Veröffentlicht: |
1999
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Schlagworte: |
Zusammenfassung: | To complement the traditional science and technology indicators, the OECD has been measuring the total R&D content of output flows for several years. This measure not only includes direct expenditures on research and development but also the R&D content of intermediate and investment goods, both domestic and imported. For the first time, computations of the total R&D content were performed for the Austrian economy. For a small open economy, technology flows embodied in imports are particularly relevant. The fundamental change in the pattern of technology flows between 1976 and 1994 demonstrates Austria's evolution towards a "knowledge-based economy". |
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