Author :
Release : 2019
Genre :
Kind : eBook
Book Rating : 519/5 ( reviews)
Book Synopsis Digitalisation in Austria by :
Download or read book Digitalisation in Austria written by . This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an overview and analysis of the state of digitalisation in the Austrian economy. Austria aims to become a European Innovation Leader and digitalisation provides an important lever with which to achieve this goal. The performance of the Austrian economy in the realm of digitalisation is mixed: - The ICT producing sector measured in value added to GDP is small compared to the Innovation Leaders’ ICT sectors. ICT exports are also below this reference group. The gap between Austria and the Innovation Leaders regarding ICT exports is increasing. - Closer analysis reveals a more differentiated picture: The weakness is mainly due to ICT services. The ICT producing sector in Austria is small, but its exports are remarkably complex, and its patenting performance is on a par with Innovation Leader countries. - Strengths exist in terms of industry 4.0 technologies, both with regard to their adoption in the manufacturing sector and with regard to innovation and technology development. Especially in the machinery and equipment sectors, the patent quality of non-ICT patents referencing digital technologies is high. - The diffusion of key digital technologies in comparison to Innovation Leaders presents a heterogeneous picture. Austria scores better in categories related to Industry 4.0 and manufacturing, such as the adoption of enterprise resource planning (ERP) systems, radio-frequency identification technologies (RFID) and customer relationship management (CRM) software; but its performance is lower in the adoption of technologies such as cloud computing and social media. - The performance in some digitalization indicators is driven by the sectoral composition of countries. After correcting for these composition effects, the performance of Austria regarding the adoption of social media improves and the performance in RFID deteriorates in comparison to the non-corrected ranking.
