Abstract
In Neoclassic Economic Growth Theory, economic growth (g) is co-determined by (investment into) Research and Development (R&D). Considering the background of a simple production function of the European companies including R&D as an enhancing factor of capital and labor, the European Union (EU) is seen as a region where this causality is relatively strong in comparison to regions where the effects of g are predominantly determining resource flows into R&D. This analysis attempts to discuss Higher Education (HE) Policy – facilitators for investments into R&D (the view of Growth Theory) and examples of this kind of investment into basic and applied research in Austria. Another example of an established facilitator for investments into R&D is the knowledge transfer from (the escalation of) national HE Policy programs to a supranational level (e.g., the EU Framework Programme for Research and Innovation). We also take a look at the feedback from g on resource flows into R&D (the view of Knowledge State Theory), since especially basic research funding is expected to be predominantly input-based (i.e., government expenditure stocks are path dependent and changes in expenditure stocks depend on g through overall government revenue). This feedback-loop is considered as a main element of Cybernetic HE Policy. However, it is clear that g is a much larger aggregate of processes than public, private, or public–private-partnership (PPP) R&D. As a last step, findings from an analysis of consequences of (PPP-induced) quality management in Austrian HE institutions for the academic profession will be reflected on grounds of the findings about aspects in Organizational Sociology and EU – member state observations.
This analysis is based on the cited literature, personal reflections of the author and comments of a reviewer only and does not necessarily reflect on positions of the Austrian Federal Government.
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Stransky-Can, K. (2017). Welfare in a Competitive European Union? Some Aspects of Cybernetic Higher Education (HE) Policy in Knowledge Generation. In: Carayannis, E., Campbell, D., Efthymiopoulos, M. (eds) Handbook of Cyber-Development, Cyber-Democracy, and Cyber-Defense. Springer, Cham. https://doi.org/10.1007/978-3-319-06091-0_45-1
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DOI: https://doi.org/10.1007/978-3-319-06091-0_45-1
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