Within the framework of the course „Microeconomics of Competitiveness“ held for graduate students in LBS’ master programs, the students conduct independent projects on country and cluster competitiveness. These student projects are part of their course grade, and furthermore take part in a global competition of all MOC affiliated universities. Each project focuses on the competitiveness of a specific cluster in a country or region and includes specific action recommendations.
In order to build up a relevant stream of research for the LBS Institute of Competitiveness, the course projects focus on Austrian clusters and competitiveness challenges. Two projects stood out – one on the Aviation cluster in Wiener Neustadt, the other on Smart City Vienna – and were submitted to the global student project competition at HBS, where they were praised for their high quality.