The purpose of this paper is to illustrate the importance of international scientific networking as an element of political globalization. The significance of international co­operation in science for universities and academies of sciences is highlighted with special emphasis on the European Research Area. In this context, reference to the role of the Austrian Academy of Sciences is made.

² Revised version of an article in “VANU on the Road to European Integrations”, Ed. Academy of Sciences and Arts of Vojvodina (VANU), Novi Sad, 2007 by permission of VANU. This article was based on a lecture in Novi Sad, in September 2006.