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Vienna, Austria

"WU" is the largest University focusing on business and economics in Europe and, in terms of student body, one of the largest universities in Austria. It has been ranked as one of the best business schools in Europe. Wikipedia.

Spash C.L.,Vienna University of Economics and Business
Biological Conservation

Many conservationists have become enamoured with mainstream economic concepts and approaches, described as pragmatic replacements for appeals to ethics and direct regulation. Trading biodiversity using offsets is rapidly becoming part of the resulting push for market governance that is promoted as a more efficient means of Nature conservation. In critically evaluating this position I argue that offsets, along with biodiversity and ecosystem valuation, use economic logic to legitimise, rather than prevent, ongoing habitat destruction. Biodiversity offsets provide a means of commodifying habitat for exchange. They operationalise trade-offs that are in the best interests of developers and make false claims to adding productive new economic activity. Contrary to the argument that economic logic frees conservation from ethics, I expose the ethical premises required for economists to justify public policy support for offsets. Finally, various issues in offset design are raised and placed in the context of a political struggle over the meaning of Nature. The overall message is that, if conservationists continue down the path of conceptualising the world as in mainstream economics they will be forced from one compromise to another, ultimately losing their ability to conserve or protect anything. They will also be abandoning the rich and meaningful human relationships with Nature that have been their raison d'être. © 2015 Elsevier B.V. Source

Trippl M.,Vienna University of Economics and Business
Environment and Planning A

The aim of this paper is to investigate the spatial pattern of knowledge links in traditional, long-established, and less-research-intensive sectors and to contribute to a better understanding of the role of the regional innovation system (RIS) as space for knowledge-sourcing activities in such industries. Departing from conceptual work on the science, technology, and innovation (STI) and the doing, using, and interacting (DUI) modes of learning, it is argued that the relation between mature industries and their RIS depends on the relative importance of these two innovation modes and their specific geographies of knowledge-sourcing activities. The empirical focus is on the food industry in the Vienna metropolitan region. Based on ten case studies of firms and ten interviews with research organisations and industry experts, it is suggested that innovation rests on a combination of the DUI and the STI modes of learning. This is related with a complex spatial pattern of knowledge links and a selective integration of innovative food companies into the RIS. The firms investigated use scientific knowledge available within the RIS and tap into extraregional pools of experience-based knowledge. © 2011 Pion Ltd and its Licensors. Source

Trippl M.,Vienna University of Economics and Business
Regional Studies

Scientific mobility and knowledge transfer at the interregional and intraregional level, Regional Studies. The aim of this paper is to explore the extent and nature of knowledge flows which result from the international mobility of elite scientists. Based on the findings from a worldwide survey of 'star scientists' (that is, authors of highly cited journal articles in different research areas), it is shown that these top researchers establish manifold interregional knowledge links between their sending and receiving areas and embed themselves in their location of choice by creating connections to regional actors. Furthermore, the paper identifies a set of crucial factors that determine whether or not star scientists engage in intraregional knowledge transfer activities. © 2013 Regional Studies Association. Source

Safarzynska K.,Vienna University of Economics and Business
Ecological Economics

Policy prescriptions for sustainable consumption have been dominated by neoclassical economics, which is built around the notions of market equilibrium, utility maximization, and exogenous preferences. There are concerns that neoclassical economics is inadequate to guide policy prescriptions in the presence of evolving preferences and complex dynamics. Evolutionary economics provides a more realistic account of individual behavior underlying economic processes. It offers a framework for studying complex socio-economic interactions and exploring their properties. As a consequence, it may offer a better approach for the analysis of policies aimed at inducing fundamental changes in behaviors, technologies and institutions in the direction of increased sustainability. However, a coherent evolutionary-economic approach to economic policies has been missing so far. In particular, policy criteria for evaluating evolutionary outcomes and processes are ambiguous. The paper discusses the implications of employing the evolutionary-economic approaches to study sustainable consumption and policy from different ethical standpoints. © 2013 Elsevier B.V. Source

Spash C.L.,Vienna University of Economics and Business
Ecological Economics

Ecological economics and its policy recommendations have become overwhelmed by economic valuation, shadow pricing, sustainability measures, and squeezing Nature into the commodity boxes of goods, services and capital in order to make it part of mainstream economic, financial and banking discourses. There are deeper concerns which touch upon the understanding of humanity in its various social, psychological, political and ethical facets. The relationship with Nature proposed by the ecological economics movement has the potential to be far reaching. However, this is not the picture portrayed by surveying the amassed body of articles from this journal or by many of those claiming affiliation. A shallow movement, allied to a business as usual politics and economy, has become dominant and imposes its preoccupation with mainstream economic concepts and values. If, instead, ecological economists choose a path deep into the world of interdisciplinary endeavour they will need to be prepared to transform themselves and society. The implications go far beyond the pragmatic use of magic numbers to convince politicians and the public that ecology still has something relevant to say in the 21st century. © 2013. Source

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