A study on "The Contribution of Basic Research Projects Funded by the Austrian Science Fund to Economic and Societal Impacts” has been published by WIFO, Joanneum Research and IHS. Proxygen, a CeMM OeAW spin-off company founded in 2020 is a great example for basic research & innovation. 

Link to Study: https://www.wifo.ac.at/publication/274018/
Austrian Institute of Economic Research, Institute for Advanced Studies, Joanneum Research Forschungsgesellschaft mbH, Policies, Institute for Economic, Social and Innovation Research 

Link to Proxygen: https://proxygen.com/
„We founded Proxygen because we felt a strong need for the industrial application of groundbreaking academic research. It is exciting to see how quickly the team scales new ventures and successfully tackles the tough questions in glue degrader discovery", Georg Winter, CeMM Principal Investigator and one of the Proxygen founders.