Growth and Employment Potentials of Chosen Technology Fields

AUCO Czech Economic Review, Vol. 2, No. 1, pp. 41-75, 2008

35 Pages Posted: 6 Feb 2012

See all articles by Mikuláš Luptáčik

Mikuláš Luptáčik

Vienna University of Economics and Business - Department of Economics

Bernhard Mahlberg

Institute for Industrial Research (IWI); Vienna University of Economics and Business - Institute for Production Management

Wolfgang Koller

affiliation not provided to SSRN

Herwig W. Schneider

Independent

Date Written: November 14, 2008

Abstract

The development of European technology platforms is a valuable building block of European science and technology policy. Out of the range of technology platforms, seven technology fields were chosen and investigated for their potential impacts on selected economies of the European Union. The study is based on input-output analysis, thus enabling us to account for the complex interrelationships between the sectors related to technology fields, either as origin or as user sectors, and the other sectors of the economy. Multiplier analysis is used to quantify the impacts of demand for goods produced by the sectors related to technology fields. Key sector analysis yields suggestions as to whether these sectors play a key role within the network of intermediate inputs. By linking the input-output tables with data on business enterprise R&D technology flow matrices are calculated and evaluated with respect to the sectors related to technology fields. Subsystem minimal flow analysis (SMFA) is carried out in order to find out whether these sectors are part of growth bipols. Due to the principal difficulty to relate technologies which are not yet applied to actual economic data the results require great care in interpretation. Nevertheless, some patterns emerge from the analysis that suggest that some technology fields seem promising areas for future R&D efforts.

Keywords: technology fields, input-output analysis, key sector analysis, technology flows, subsystem

JEL Classification: C67, O33

Suggested Citation

Luptáčik, Mikuláš and Mahlberg, Bernhard and Koller, Wolfgang and Schneider, Herwig W., Growth and Employment Potentials of Chosen Technology Fields (November 14, 2008). AUCO Czech Economic Review, Vol. 2, No. 1, pp. 41-75, 2008. Available at SSRN: https://ssrn.com/abstract=1505953

Mikuláš Luptáčik (Contact Author)

Vienna University of Economics and Business - Department of Economics ( email )

Augasse 2-6
A-1090 Wien
Austria

Bernhard Mahlberg

Institute for Industrial Research (IWI) ( email )

Mittersteig 10/4
Vienna, 1050
Austria
+43 1 513 44 11 0 (Phone)
+43 1 513 44 11 2099 (Fax)

HOME PAGE: http://www.iwi.ac.at/

Vienna University of Economics and Business - Institute for Production Management ( email )

Welthandelsplatz 1
Building D2, Entrance C, 3rd floor
Vienna, 1020
Austria
+43 1 313 36 - 5615 (Phone)

HOME PAGE: http://https://www.wu.ac.at/en/prodmanengl/

Wolfgang Koller

affiliation not provided to SSRN ( email )

Herwig W. Schneider

Independent ( email )

No Address Available

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