The Innovation Indicator In Drilling, Mining And Tunneling

The innovation in a technological field is reflected by the Research and Development (R & D) activity in it. It is explained why patent literature is a more reliable indicator than non-patent literature for the assessment of the R & D activity in the technological fields considered. Consequently the R & D activity is measured in this article through the patent applications filed in the fields considered. The pattern of patent application filings in Drilling, Mining, Tunneling and accessory technologies is analyzed at an international scale over the period 1990-2000. A statistical analysis of the fluctuation of the number of patent applications per year, per country and per technological field is performed. The technological fields are defined on the basis of the internal patent classification used in the European Patent Office. The article attempts to detect the high activity and ?cutting edge? technologies over said period, to relate them to political or financial events and possibly to foresee the ?cutting edge? technologies of the future in which potential investors could be successful. Strong patents are revealed on the basis of the frequency of their citations by the applicants in patent applications or by the patent examiners in the search report. International as well as specific national trends in the innovation are spotted and analyzed.