A big thank you to the whole team for the excellent cooperation. most interesting for me: 1. the usual narrative, basic research may be useful after 20 years, is simply not true. Effects arrive before that - short-term spending effects also hold for public expenditures on basic research. The average time from the beginning of the research activities up to the concrete economic or societal impact is about 5 years, according to our survey of FWF-funded project leaders. 2. I was surprised by the number and the quality of start-ups in advanced key technologies that emerge from basic research. As such, basic research is really a contributor to structural change (nothing new viewed from an international perspective, but seeing it in action, using concrete examples in Austria, it does provide a different perspective). Angelika Sauer Gerhard Streicher Michael Ploder Henrika Langen #MartinUnger WIFO Institute for Advanced Studies (IHS), Vienna JOANNEUM RESEARCH
"What can be said at all can be said clearly; and whereof one cannot speak thereof one must be silent." (LW)
New study: The benefits of basic research are being felt more quickly and on a larger scale than expected. https://lnkd.in/gq4cBRKu The study was conducted in response to a call for tenders and on behalf of the Austrian Science Fund FWF by: Juergen Janger , Alexandros Charos, Kathrin Hofmann, Gerhard Streicher (WIFO) , Johanna Dau, Henrika Langen, Martin Unger (Institut für Höhere Studien (IHS) , Angelika Sauer , Michael Ploder, Lisa Schön (JOANNEUM RESEARCH)