Description and peculiarities of institutional complementarities in Austria
In order to make a thorough examination of the Austrian business model, this paper investigates the following institutional complementarities. The first complementarily is the ownership structure. This includes board compositions, as well as the role of the state and banks in business. The second is industrial relations. It contains labour market policy, labour participation and protection. The third is inter-firm-relation. This complementarily involves credit accessibility, relations with foreign counterparts, imports and exports as well as energy resource dependence and organizations providing support to business activities. And the last is education system which contains details about general education and firm-specific education.