An introduction to innovation and policy / Louise Earl and Fred Gault -- What do we know about innovation and socio …-economic change? : lessons from the TEARI Project / Jan Fagerberg -- The role of benchmarks and targets in Canadian innovation policy … / Surendra Gera, Richard Roy and Thitima Songsakul -- Innovation in enterprise clusters : evidence from Dutch manufacturing …

We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on … patent- level estimates of private economic value are positively related to the scientific value of these patents, as … measured by the number of citations that the patent receives in the future. Our new measure is associated with substantial …

This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp …;D. The analysis employs various panel data techniques and uses patent and Ramp;D data for 20 OECD and 10 Non-OECD countries …

We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on … the number of citations that the patent receives in the future. Our new measure is associated with substantial growth … suggests that technological innovation accounts for significant medium-run fluctuations in aggregate economic growth and TFP …

received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic … procedures for application, the United States deliberately created a patent system that allowed a much wider range, in … patent institutions. Moreover, by requiring that applications be examined for novelty by technical experts, and by enforcing …