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1. Publications in refereed journals

Sunk costs and the speed of market selection. Journal of Evolutionary Economics. 2015, 25 (2), pp. 323-344. link
The exposure of technology and knowledge intense sectors to the business cycle. With Andreas Reinstaller and Serguei Karniovski, Bulletin of Applied Economics, 2015, 2 (1), pp. 1-19. link
An international cohort comparison of size effects on job growth. With Anja Myrann, Carl-Magnus Bjuggren, Dan Johansson, Michael Anyadike-Danes, Mika Maliranta, Sandra Gottschalk, Small Business Economics, 2015, 44(4), pp. 821-844. link
Distance to the frontier and the perception of innovation barriers across European countries. With Jürgen Janger, Research Policy, 2014, 43(4), pp. 707-725. link
Firm Level Job Creation Rates over the Business Cycle. With Peter Huber, Asian Economic and Financial Review, 2014, 4(6), pp. 837-852. link
Persistence, survival and growth: A closer look at 20 years of fast-growing firms in Austria. Industrial and Corporate Change, 2014, 23(1), pp. 199-231. link
High-growth firms: introduction to the special section. With Alex Coad, Dan Johansson, Paul Nightingale, Sven-Olov Daunfeldt, Industrial and Corporate Change, 2014, 23 (1), pp. 91-112. link
Does the analysis of innovation barriers perceived by high growth firms provide information on innovation policy priorities? With Jürgen Janger, Technological Forecasting & Social Change, 2013, 80(8): 1450–1468. link
On the heterogeneity of sectoral growth and structural dynamics: Evidence from Austrian manufacturing industries. With Andreas Reinstaller, Applied Economics, 2011,43(20): 2565-2582. link
The economics of entrepreneurship: Introduction to the special issue, Journal of Industry, Competition and Trade, 2010, 3, pp. 187-197. link
High-growth firms, innovation and the distance to the frontier. With Klaus Friesenbichler, Economics Bulletin, 2010, Vol. 30 no. 2, pp. 1016-1024. pdf
Was there a Marxian Bias in Austrian Manufacturing: Evidence on the direction of technical change, 1978-1994. International Review of Applied Economics, 2010, 24(1), pp. 35-56. link
Big causes and small events: QWERTY and the mechanization of office work. With Andreas Reinstaller, Industrial and Corporate Change, 2009, 18(5), pp. 999-1031. link
Is the R&D behaviour of fast growing SMEs different? Evidence from CIS III data for 16 countries. Small Business Economics, 2009, 33(1), pp. 59-75. link
On the Autocorrelation of Growth Rates: Evidence for Micro, Small and Large Firms from the Austrian Service Industries, 1975-2004. With Alex Coad, Journal of Industry, Competition and Trade, 2009, 9(2), pp. 139-166. link
The impact of productivity and demand shocks on structural dynamics: Evidence from Austrian manufacturing. With Andreas Reinstaller, Structural Change and Economic Dynamics, 2007, 18 (2), pp. 145-166. link
Convergence of financial systems: Towards an evolutionary perspective. Journal of Institutional Economics, 2006, 2(1), pp. 67-90. link
Tangible and intangible sunk costs and the entry and exit of firms in a Small open economy: The case of Austria. Applied Economics, 2005, 37(21), pp. 2429-2443. link
Sectoral and Aggregate Technology Shocks: Is there a Relationship? With Andreas Reinstaller, Empirica, 2005, 32(1), pp. 45-72. link
The citation impact of research collaborations: the case of European biotechnology and applied microbiology (1988–2002). With Koen Franken and Friso de Vor, Journal of Engineering and Technology Management, 2005, 22 (1-2), pp. 9-30. link


2. Books and publications

Addressing Challenges for High-Growth Companies. With Erkko Autio, Europe INNOVA paper no 6, 2008, European Commission Brussels. link
Applied Evolutionary Economics and Complex Systems. With John Foster, Edward Elgar, Cheltenham, 2004. link


3. National Journals

Bestimmung einer Konjunkturampel für Österreich auf Basis des WIFO-Konjunkturtests. With Christian Glocker, WIFO-Monatsberichte, 2015, 88(3), pp. 175-183. link
Der WIFO Konjunkturtest: Methodik und Prognosefähigkeit. With Gerhard Schwarz, WIFO Monatsberichte, 2014, 87(12), pp. 835-850. link
Unit Labour Cost Position for Goods Production Deteriorated Slightly in 2013 Due to Foreign Exchange Rate Development and Economic Stagnation. With Thomas Leoni, WIFO Monatsberichte, 2014, 87 (9), pp. 619-630. link
Slight Reduction in Cash-Flow-to-Sales Ratio. Profitability of Austrian Manufacturing in 2013. With Klaus Sylvester Friesenbichler, WIFO Monatsberichte, 2014, 87 (8), pp. 569-580. link
Austria's Economy in 2013: the Aftershocks of the 2008-09 Recession. With Christine Mayrhuber, Egon Smeral, Elisabeth Christen, Franz Sinabell, Josef Baumgartner, Julia Bock-Schappelwein, Jürgen Bierbaumer-Polly, Marcus Scheiblecker, Michael Peneder, Michael Weingärtler, Silvia Rocha-Akis, Stefan Schiman, Stefan Schönfelder, Thomas Url, WIFO Monatsberichte, 2014, 87 (4), pp. 261-326. link
Unit Labour Cost Position of Austrian Manufacturing Stable in 2012 Despite Cyclical Slump. With Thomas Leoni, WIFO Monatsberichte, 2013, 86 (9), pp. 781-792. link
Financing Constraints of Technology-based Start-up Firms. Results of a Survey. With Andreas Reinstaller, WIFO Monatsberichte, 2013, 86 (8), pp. 649-662. link
Business Size and Employment. An Analysis of Methodological Alternatives Using Austrian Data. WIFO Monatsberichte, 2013, 86(3), pp. 253-267. link
Pros and Cons of Income-contingent Education Loans as a Tool to Finance Higher Education. WIFO Monatsberichte, 2013, 86(2), pp. 187-196. link
The Importance of Education for Austria's Economic Perspectives. With Andreas Reinstaller, Julia Bock-Schappelwein, Jürgen Janger, WIFO Monatsberichte, 2013, 86(2), pp. 121-133. link
Effects of the New Capital Regulations of "Basel III" on the Financing of Small and Medium Sized Enterprises in Austria. With Franz R. Hahn, WIFO Monatsberichte, 2012, 85(3), pp. 189-208. link
Effects of the New Capital Requirements of Basel III on the Financing of Small and Medium-sized Enterprises in Austria. With Franz R. Hahn, WIFO Monatsberichte, 2012, 17(3), pp. 168-186. link
Recovery Increases Earnings Power in Austria's Manufacturing Industries in 2011. Cash Flow and Equity in Austria. With Klaus Sylvester Friesenbichler, WIFO Monatsberichte, 2012, 85(7), pp 571-580. link
Unternehmenswachstum im internationalen Vergleich, WIFO-Monatsberichte, 85(8). link
Leichte Erholung der Cash-Flow-Marge für 2010 prognostiziert. Cash-Flow und Eigenkapital der österreichischen Sachgütererzeugung, WIFO-Monatsberichte, 7/2011, S. 495-504. link
Internationalisierungshemmnisse für innovative Unternehmen in der EU, WIFO-Monatsberichte, 2/2011, S. 141-156, (mit Andreas Reinstaller, Werner Hölzl, Jürgen Janger, Fabian Unterlass, Isabel Stadler (WIFO), Stephanie Daimer und Thomas Stehnken (ISI). link
Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009, WIFO Quarterly, 4/2010, pp. 336-348. link
Research and Innovation Policy after the Crisis, WIFO Quarterly, 4/2010, pp. 321-335, with Jürgen Janger, Michael Böheim, Martin Falk, Rahel Falk, Werner Hölzl, Daniela Kletzan-Slamanig, Michael Peneder, Andreas Reinstaller, Fabian Unterlass und Gunther Tichy. link
Die Bedeutung von schnell wachsenden Unternehmen in Österreich, WIFO-Monatsberichte, 11/2010, S. 887-898. link
Forschungs- und Innovationspolitik nach der Wirtschaftskrise, WIFO-Monatsberichte, 8/2010, S. 675-689 (mit Jürgen Janger, Michael Böheim, Martin Falk, Rahel Falk, Werner Hölzl, Daniela Kletzan-Slamanig, Michael Peneder, Andreas Reinstaller und Fabian Unterlass). link
Entwicklung der Cash-Flow-Marge 2009 von der Wirtschaftskrise bestimmt. Cash-Flow und Eigenkapital der österreichischen Sachgütererzeugung, WIFO-Monatsberichte, 6/2010 , S. 507-516. link
Development of the Cash Flow Margin 2009 Determined by the Economic Crisis. Cash Flow and Equity Ratio of the Austrian Manufacturing Sector, WIFO Quarterly, 3/2010, pp. 268-276. link
Austria's Small and Medium-sized Enterprises in the Financial Market Crisis. WIFO Quarterly, 1/2010, S. 121-126]. link
International Unit Labour Cost Position Slightly Improved in 2008. With Werner Hölzl, Thomas Leoni, Christine Zulehner S., Quarterly, 4/2009, S. 193-204. link
Österreichs kleine und mittlere Unternehmen in der Finanzmarktkrise. WIFO-Monatsberichte, 12/2009, S. 979-985. link
Internationale Lohnstückkostenposition 2008 leicht verbessert. With Werner Hölzl, Thomas Leoni, Christine Zulehner, WIFO-Monatsberichte, 9/2009, S. 703-714. link
Intellectual Property Rights, Innovation and European IPR Policy. Austrian Economic Quarterly, 1/2007, pp. 71-82. link
Gründungen, Schließungen und Entwicklung von Unternehmen. Evidenz für Österreich. With Peter Huber, Serguei Kaniovski, Michael Peneder, WIFO-Weißbuch, WIFO-Monatsberichte, 3/2007, S. 233-247. link
Technologischer Wandel und Produktivität. Disaggregierte Wachstumsbeiträge in Österreich seit 1990. With Michael Peneder, Martin Falk, Serguei Kaniovski, Kurt Kratena, WIFO-Weißbuch, WIFO-Monatsberichte, 2007/1, S. 33-46. link
Neue Kapitalstockschätzungen für die österreichischen Industriebranchen, 1969-1994. With Robert Leisch, Wirtschaftspolitische Blätter 2/2005. link
Österreich: Ein Modell für Europa? With Karl Aiginger, Ratio, Neues vom RKW Baden-Württemberg, 2005, 11(1), pp. 18-19. link
Komplementarität, Veränderung und Konvergenz von Finanzsystemen. Kurswechsel 2001, 2, pp. 29-39. link


4. Contributions to books

Financing Innovation. With Michael Peneder, Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship, 2013, pp. 734-738.
Anmerkungen zur Forschungsförderung in Österreich. in: Helfried Bauer, Peter Biwald, Hans Pitlik. (Hrsg.). Zur Effizienz der Förderpolitik im Bundesstaat: Effizienz und Koordinierungsaspekte, Neuer Wissenschaftlicher Verlag, Graz, 2013.
Firm growth: empirical analysis. With Alex Coad in: Jackie Kraft, Michael Dietrich. Handbook on the Economics and Theory of the Firm, Edward Elgar, forthcoming, 2011.
Special Issue on Entrepreneurship, Journal of Industry Competition and Trade, 10(3-4), 2010.
Market Structure: Sector Indicators. With Andreas Reinstaller; in: Peneder, M. (ed.), Sectoral Growth Drivers and Competitiveness in the European Union, European Communities, Luxembourg, 2009, pp. 393-459. link
On the Roles and Rationales of European STI-Policies. With Rahel Falk and Hannes Leo, in: Subsidiarity and Economic Reform in Europe, Springer Berlin Heidelberg, 2008. link
Organisational innovation, information technology, and outsourcing to business services. With Andreas Reinstaller and Paul Windrum, in: L. Rubalcaba and H. Kox (eds), Business services in European economic growth, London: Palgrave MacMillan 2007, pp. 177-192. link
Structural dynamics in Austrian manufacturing sectors: identification and estimation in a SVAR framework. With Andreas Reinstaller, in: S. V. Seshaiah (ed.). Productivity. ICFAI University Press, Hyderabad, 2006, pp. 38-62. link
The evolutionary theory of the firm: routines, complexity and change. in: M. Dietrich (ed.) The Economics of the Firm, Routledge, London, 2006, pp. 111-126. link
Complementarity constraints and induced innovation: some evidence from the First IT Regime. With Andreas Reinstaller, in: Foster J. and Hölzl W. (eds.), Applied Evolutionary Economics and Complex Systems, Cheltenham: Edward Elgar, 2004. link


5. Working papers

Business Cycle Dynamics and Firm Heterogeneity. Evidence for Austria Using Survey Data. With Jürgen Bierbaumer-Polly, WIFO Working Papers, 504/2015. link
Accounting for Job Growth. Disentangling Size and Age Effects in an International Cohort Comparison. With Anja Grinde Myrann, Carl Magnus Bjuggren, Dan Johansson, Michael Anyadike-Danes, Mika Maliranta, Sandra Gottschalk, ZEW Working Papers, 2014, 14-102. also as: IFN Working Papers, 1019/2014. link
Mobility Barriers and the Speed of Market Selection. WIFO Working Papers, 437/2012. link
Innovation Barriers across Firms and Countries. With Jürgen Janger, WIFO Working Papers, 426/2012. link
Arbeitsplatzschaffung und Beschäftigungsgrößenklassen. Eine Untersuchung methodischer Alternativen. WIFO Working Papers, 425/2012. link
Firm growth: empirical analysis. With Alex Coad, Papers on Economics and Evolution, 2010, 2, and WIFO Working Paper No. 361. link
An Anatomy of Firm Level Job Creation Rates over the Business Cycle. With Werner Hölzl, Peter Huber, WIFO Working Papers, 348/2009. link
On the Autocorrelation of Growth Rates: Evidence for Micro, Small and Large Firms from the Austrian Service Industries, 1975-2004. With Alex Coad, WIFO Working Papers, 332/2008. link
Is the R&D Behaviour of Fast Growing SMEs Different? Evidence from CIS III Data for 16 Countries. WIFO Working Papers, 327/2008. link
On the Roles and Rationales of European STI Policies. With Rahel Falk and Hannes Leo, WIFO Working Papers 299/2007. link
Organisational innovation, information technology, and outsourcing. With Andreas Reinstaller and Paul Windrum, MERIT-Infonomics Research Memorandum series, 2005, 2005-30. link
Estimates of capital stocks and capital productivity in Austrian manufacturing industries, 1978-1994. With Robert Leisch, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2004, 41. link
Sectoral and aggregate technology shocks: Is there a relationship? With andreas Reinstaller, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2004, 38. link
The effect of technology and demand shocks on industrial and structural change: Evidence from Austrian manufacturing. With Andreas Reinstaller, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2004, 37. link
Entry and Exit dynamics in Austrian Manufacturing. With Leopold Sögner, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2004, 36, and NOeG 2004 conference in Vienna. link
Tangible and intangible sunk costs and the entry and exit of firms in Austrian Manufacturing. Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2003, 33. link
Convergence of financial systems: Towards an evolutionary perspective. Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2003, 31. link
The Babbage Principle after Evolutionary Economics. With Andreas Reinstaller Merit Research Memorandum Series, 2003, 2003-013. link
Complementarity constraints and induced innovation: some evidence from the first IT regime. With Andreas Reinstaller, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2003, 26. link
Exit, Entry and industry turbulence in Austrian Manufacturing, 1981-1994. Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2003, 21. link
Industrieturbulenz in Österreich 1981-1994: Bestandsaufnahme und wirtschaftspolitische Perspektiven. With Reinhold Hofer, WU-Jahrestagung, 6.11.2002, Conferenceproceedings, Vienna. link
Three stages of net entry into Austrian manufacturing: entrepreneurial experimentation and actual entry. With Reinhold Hofer and Angelika Schenk, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2001, 17, presented at the 2. European Meeting on Applied Evolutionary Economics (EMAEE), Wien 14.9.2001. link
The creative response in economic development: the case of information processing technologies in US manufacturing, 1870-1930. With Andreas Reinstaller, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2001, 15. Conference Proceedings of the ECIS Conference 2001 (Eindhoven). link
The Technological Bias in the Establishment of a Technological Regime: the adoption and enforcement of early information processing technologies in US manufacturing, 1870-1930. With Andreas Reinstaller, MERIT-Infonomics Research Memorandum Series,2001, 14. link
The Adoption and Enforcement of a Technological Regime: The Case of the first IT Regime. With Andreas Reinstaller, Vienna University of Economics & B.A. Working Paper in Growth and Employment in Europe: Sustainability and Competitiveness, 2000, 12. Conference Proceedings of the EMAEE Conference 2000, Berlin. link


6. Research Projects

Industry and employment dynamics Austria. Forschungsprojekt für den Jubiläumsfond der Österreichischen Nationalbank, Oktober 2002 bis Jänner 2005, Projektleitung: J. Hanns Pichler, Sachbearbeiter: Christian Ragacs.
Industriedynamik, Wachstum und Beschäftigung in regionaler und nationaler Sicht. With Reinhold Hofer (MitarbeiterIn: Angelika Schenk und Thomas Seidl, Projektbericht für den WU-Jubiläumsfond der Stadt Wien, 2001. pdf


7. Suche nach WIFO Publikationen


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Werner Hölzl


Austrian Institute of Economic Research (WIFO)

Arsenal, Objekt 20

1030 Vienna

Austria

 

Phone: +43-1-798 26 01- 472

Fax: +43-1-798 93 86

Email: Werner.Hoelzl[at]wifo.ac.at