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 …

Innovations issues carried out by the international organizations. The objective of the article is to stimulate the discussion …

aggregate flow of innovations, which has some empirical support. Furthermore, by deriving the endogenous long-run distribution … empirical support. This implies that even if the patent office only grants patents for superior innovations, compared with prior … art references, this causes innovators to produce inferior-quality innovations on average. …

targeted industries. Consequently, we find a nonmonotonic effect of the inventive step on the aggregate flow of innovations. …

innovation indicator, respectively. Three conclusions emerge. First, we find that the specification where innovations per capita … capita show that R&D efforts within regions affect innovations per capita positively, except for the regions with the lowest …