The Contribution of Basic Research Projects Funded by the Austrian Science Fund to Economic and Societal Impacts

Jürgen Janger, Alexandros Charos, Kathrin Hofmann, Gerhard Streicher, Johanna Dau, Henrika Langen, Martin Unger, Angelika Sauer-Malin, Michael Ploder and Lisa Schön
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Alexandros Charos: WIFO
Kathrin Hofmann: WIFO
Henrika Langen: Institute for Advanced Studies
Martin Unger: Institute for Advanced Studies
Angelika Sauer-Malin: Joanneum Research Forschungsgesellschaft mbH, Policies – Institute for Economic, Social and Innovation Research
Michael Ploder: Joanneum Research Forschungsgesellschaft mbH, Policies – Institute for Economic, Social and Innovation Research
Lisa Schön: Joanneum Research Forschungsgesellschaft mbH, Policies – Institute for Economic, Social and Innovation Research

in WIFO Studies from WIFO

Abstract: The Austrian Science Fund (FWF) is the main funder of basic research projects in Austria, selecting projects purely based on their scientific quality, rather than any impacts outside academia. Nevertheless, usually such impacts arise from basic research over time, even if unintended. This study combines various methodological approaches to illustrate the wide range of economic and societal impacts FWF-funded research projects contributed to. A survey among principal investigators combined with FWF's own database, bibliometric analysis of publications and patents, case studies as well as economic modelling and estimations lead to a detailed picture of the type and quantity of impacts outside academia.

Date: 2024 Written 2024-10-15
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wstudy:54837521

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