Professor Karl Aiginger is director of the Policy Crossover Center: Vienna – Europe (www.querdenkereuropa.at). He also teaches at the Vienna University of Economics and Business and is an honorary professor at the University of Linz. He is, together with Marcel Canoy, editor in chief of the Journal of Industry, Competition and Trade (JICT). He has been the director of the Austrian Institute of Economic Research (WIFO) from 2005 to 2016 and coordinator of the research project “New Dynamics for Europe: Reaping the Benefits of Socioecological Transition” – WWWforEurope (http://Synthesis-Report-Part-I.foreurope.eu) from April 2012 to March 2016. Professor Aiginger was born in Vienna on October 23, 1948. He studied economics at the University of Vienna and Purdue University in Indiana, USA. The chosen subject for his PhD was “How Firms Make Investment Decisions”. He earned his habilitation in 1984 with his book “Production Theory and Uncertainty”, published by Blackwell. His research foci are industrial economics, competitiveness and strategies of firms, regions and countries. For many years he was responsible for the background reports for the European Commission on the competitiveness of European industry. Professor Aiginger was also a visiting professor in the USA (MIT, Purdue University, Stanford University, and UCLA).