The analysis of innovation and the evolution of industries evolution has witnessed major progress in several areas …. Contributions at the empirical, appreciative, econometric and modelling levels have greater advanced our understanding of innovation … are required for a better understanding of the relationship between innovation and the evolution of industries: the …

, mainly on concentration and technical change and innovation. It has also shown that the consequences of policies may …

-1995. We use patent applications at the European Patent Office to measure innovation and their citations to trace knowledge …-sectoral spillovers are an important determinant of innovation. …