The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

In a long-term perspective, world trade expands much faster for high-technology manufactures than for goods with low technological content. Compared with other advanced industrialized countries, Austria exhibits a substantial "technological gap" in its foreign trade: 1. The share of...

The earning capacity of Austrian manufacturing industry, as regularly assessed and analyzed by WIFO, has remained stable in 1996. The cash-flow/sales ratio stood at 9½ percent, maintaining the year-earlier level. The beginning cyclical recovery in the second semester, favorable exchange rate...

According to WIFO estimates, Austrian manufacturing achieved a cash flow to sales ratio of 11 percent in 2003, which is comparable to the performance in 2002. The high cash flow to sales ratio in 2002 had been unexpected, given the sluggish growth prospects. A survey among major firms conducted...

For 1998, WIFO estimates a cash-flow to sales ratio of 8.9 percent, approximately the same level as in 1997. Surveys performed by the Confederation of Austrian Industry (Vereinigung der Österreichischen Industrie) among manufacturing firms confirm this estimate and likewise suggest no further...

Due to the slowdown in the first half of 1999 as a result of the financial crises in Asia, Latin America and Russia, WIFO expects a temporary decline of the cash flow/sales ratio to 9.1 percent in 1999 for Austrian manufacturing, as compared to 9.7 percent in 1988. The survey performed by the...