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WU’s goal in re­search is to de­liver ex­cel­lent re­search per­form­ance, gen­er­ate new know­ledge in the fields of busi­ness and eco­nom­ics, and cre­ate ad­ded value from its clear com­mit­ment to a plur­al­ity of dis­cip­lines. WU’s vari­ety of busi­ness- and eco­nom­ic­s-re­lated dis­cip­lines is the basis for meet­ing fu­ture chal­lenges by en­sur­ing a broad scope in the uni­versity’s re­search activ­it­ies and dis­cip­line spe­cific ap­proaches in the devel­op­ment of ef­fi­cient and sus­tain­able solu­tions to dif­fer­ent prob­lems.

In the field of re­search, WU’s goal is to make sig­ni­fic­ant con­tri­bu­tions to solv­ing the eco­nomic, so­cial, and eco­lo­gical prob­lems of the day, both on re­gional and global levels, to gen­er­ate new eco­nom­ics- and busi­ness­related know­ledge and to make it ac­cess­ible to the pub­lic. This hap­pens on the one hand through dis­course with the scien­ti­fic com­munity, and on the other hand by in­ter­act­ing with the pub­lic at re­search com­mu­nic­a­tion events.

Within the rel­ev­ant scien­ti­fic com­munit­ies, WU enters into pro­duct­ive com­pet­i­tion with lead­ing in­ter­na­tional re­search in­sti­tu­tions, aim­ing for the highest de­gree of suc­cess possible. In ad­di­tion to its in­ter­na­tion­ally ori­ented re­search in spe­cific areas, WU is also work­ing to fur­ther strengthen and ex­pand its lead­ing pos­i­tion in Aus­tria as a uni­versity with a broad port­fo­lio in busi­ness, eco­nom­ics, and busi­ness law. Ex­cel­lence in re­search means that WU’s re­search­ers are main­tain­ing an in­tens­ive dia­log with the scien­ti­fic com­munit­ies they are a part of and that they are mak­ing ex­cel­lent con­tri­bu­tions to the devel­op­ment of their dis­cip­lines. Ex­cel­lent re­search is one of the most im­port­ant pre­con­di­tions for WU to be able to im­ple­ment the prin­ciple of re­search-led teach­ing. Provid­ing sup­port to ju­nior re­search­ers is one of WU’s highest pri­or­it­ies.

Evalu­ation is cru­cial for long-term re­search suc­cess. WU re­views its re­search per­form­ance and the ef­fect­ive­ness of its re­search fund­ing tools on a reg­u­lar basis. When assess­ing re­search per­form­ance in many dif­fer­ent areas, the qual­ity cri­teria and stand­ards of dif­fer­ent scien­ti­fic com­munit­ies and stake­hold­ers must be taken into ac­count. Evalu­ation and re­view of the re­search activ­it­ies con­duc­ted at WU’s aca­demic units are based on the fol­low­ing factors:

  • Con­tri­bu­tion to and par­ti­cip­a­tion in in­ter­na­tional scien­ti­fic dis­course (e.g. at con­fer­ences, re­search sem­inars, or through col­lab­or­a­tions)

  • Im­pact and sig­ni­fic­ance of re­search find­ings (e.g. pub­lic­a­tion out­put and its scien­ti­fic im­pact, third-­part fund­ing ac­quis­i­tion)

  • Dis­sem­in­a­tion of re­search find­ings (e.g. in the me­dia, through events with the par­ti­cip­a­tion of the busi­ness com­munity, col­lab­or­a­tions with the busi­ness com­munity, rel­ev­ance of the find­ings in teach­ing)

  • Edu­ca­tion of ju­nior re­search­ers (e.g. type and in­tens­ity of train­ing for ju­nior re­search­ers, ca­reer paths of gradu­ates)

Cur­rently, there are many sub­-fields of WU’s main re­search areas where the uni­versity has achieved a lead­ing pos­i­tion in­ter­na­tion­ally, thanks to the work of a num­ber of in­ter­na­tion­ally out­stand­ing re­search­ers. The pro­cess of evalu­at­ing re­search per­form­ance is never clear-cut or un­equi­vocal, and for this reason it is a chal­lenge to identify the fields of re­search where WU is an in­ter­na­tional leader. The res­ults al­ways de­pend on the meth­od­o­logy used in the evalu­ation. This not­with­stand­ing, WU would like to par­tic­u­larly high­light several out­stand­ing areas of re­search that have been iden­ti­fied ex post, based on a sim­ple meth­od­o­logy, to un­der­line WU’s strong per­form­ance in several spe­cific fields:

  • Busi­ness pro­cess mod­el­ling

  • Cor­por­ate fin­ance, as­set pri­cing, and quant­it­at­ive meth­ods in fin­ance

  • Demo­graphic change, hu­man cap­ital and their rel­ev­ance for eco­nomic per­form­ance and so­cio-e­co­lo­gical devel­op­ment

  • In­ter­na­tional tax­a­tion

  • Lead­er­ship, man­age­ment, and busi­ness across in­sti­tu­tional and cul­tural bound­ar­ies

  • Open and user in­nov­a­tion

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International Affairs