



 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 



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