This paper examines policy measures that foster the creation of innovations with high inherent potential and that … simultaneously provide the right incentives for individuals to create and expand firms that disseminate such innovations in the form …

innovations have been introduced in the market. This paper applies a new method to identify innovations in patent databases by … forward citations. Further, successful innovations are most positively related to patent renewal. Based on the traditional … innovations can be predicted. The developed parameters may be used to identify innovations across sectors and regions in other …

use a dynamic model to measure the impact of large entrants on productivity, allowing for a controlled productivity …, we find that incumbents' productivity increase after large entry and that the magnitude of the increase declines with the … productivity of incumbents. Our findings highlight that large entrants play a crucial role in driving productivity growth. …