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...

This note provides an introduction to two prominent econometric benchmarking methods: Data Envelopment Analysis and Stochastic Frontier Analysis. It discusses the econometric techniques, provides a practical example using the World Bank's Enterprise Survey data, and offers conclusions for...