Austria's Innovation Performance in International Comparison

In recent decades, Austria has increased its monetary resources for research, technology and innovation to a level above that of the leading innovation countries in the EU, with the exception of expenditure on universities. However, performance indicators for publications, patents and innovation-intensive start-ups, for example, show clear potential for catching up, especially in comparison with the world's leading countries. The ongoing performance problems, Austria's declining competitiveness and budgetary restrictions recommend structural reforms in order to increase performance while making efficient use of resources.