Low-Tech, innovation and state aid: the Austrian case |
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Authors: | Alfred Radauer Jürgen Streicher |
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Institution: | (1) Austrian Institute for SME Research, 1040, Gusshausstrasse 8, Vienna, Austria |
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Abstract: | This paper analyses innovation patterns of Austrian Low- and Medium Tech (LMT-) SMEs and how these companies are supported
by public policy. It adds evidence to the claim that Low-Tech SMEs are actually more innovative than commonly thought and
that supporting these industries might yield positive effects. The Austrian innovation system is diversified, yet programmes
that aim at LMT innovations are scarce. LMT SMEs are surprisingly innovative, but rarely use available support measures, indicating
that these measures may be too High-Tech-oriented. Relatively high additionality effects and impacts can be achieved, if innovative
LMT projects are fostered.
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Keywords: | Innovation Low-Tech High-Tech Evaluation Support programmes |
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