In recent years, the range of investment products offered by the finance industry has grown immensely. Traditional products such as bank deposits, equity and pension funds have been joined by new products, e.g.…
Sustainable development can only be achieved by extensive innovation and its rapid international implementation. In particular creating and extending lead markets is crucial since they provide a platform to gain…
Firms have to balance the costs and risks associated with investments in new products and the opportunities from pursuing a large number of innovation options at the same time. Real options logic suggests that…
Because of permanent efficiency examinations and pressure to justify costs in the marketing sector, most diverse kinds of online advertisement, also in connection with web 2.0 applications (social media marketing)…
The aim of this project is to investigate the competitive behaviour of firms over the product-life-cycle of consumer electronics. We plan to combine data from Austria’s largest online site for price comparisons…
Recent macroeconomic literature emphasises the importance of expected future technology improvements (the so-called news shocks) for the macroeconomic dynamics. The impact of these shocks has rarely been…
his project is motivated by the ongoing discussion regarding the effects of a research use exemption from patent infringement. While some argue that the lack of a research use exemption constitutes a major…
The most recent debt crisis in the Euro area has demonstrated that a lack of trust of the market participants in the sustainability of public debt can affect the countries access to the capital markets. There…
The objective of ICTNET is to enhance coordination of the research in the economics of ICT in Europe. The project is built around a coordination group and a network of researchers.
A number of regulations aim at achieving energy and climate policy goals by mandatory increases of energy-efficiency. However, the resulting savings of energy can in reality be lower than the expected ones,…
Price and quota agreements in the context of so-called hardcore cartels typically cause damages due to excessive prices at downstream firm level. In recent years, these ‘private’ damages gained importance in…