Between 1990 and 2004, the average annual growth of total real value added amounted to about 2.38 percent, with +1.33 percentage points contributed by capital output growth, +0.46 percentage point by labour output growth, and +0.85 percentage point by multi-factor productivity growth (as well as...

This study based on three different datasets shows that entry and exit dynamics have been increasing over the last decades. Start-ups are of much greater importance for the Austrian economy than they were 20 years ago. Although a final international comparison of start-up figures is not possible...

The rise of the service economy has been the predominant pattern of structural change in the twentieth century. This article investigates the driving forces behind the recent stages of this development. Focusing on international input—output data from the early 1970s to the 1990s, a...

This paper establishes the existence of systematic differences in the nature of competitive strategies typically pursued across industries. By means of qualitative content analysis, we extracted a matrix of 76 industries times 12 strategies reported as being characteristic in a series of...