Page 81 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.72, # 2, 2015, pp. 73-86

Minimum yearly total patent count in solar photo voltaic sector was 57 (year:
1982), while the maximum being 1080 (year: 2009)
If we look at the numbers, we can see that, there is no chronologically stable
increase. Because of some factors, the numbers sometimes increase, while sometimes
shrink year-by-year. It will let us know, how patent counts react to oil prices.
Year Av. Oil price Year Solar PV Patent Count
1982 31,55 1982 57
1983 29 1983 81
1984 27,5 1984 74
1985 26,5 1985 98
1986 14,64 1986 87
1987 17,5 1987 71
1988 14,87 1988 78
1989 18,33 1989 77
1990 23,19 1990 89
1991 20,19 1991 88
1992 19,25 1992 102
1993 16,74 1993 98
1994 15,66 1994 92
1995 16,75 1995 95
1996 20,46 1996 97
1997 18,97 1997 137
1998 11,91 1998 174
1999 16,55 1999 230
2000 27,4 2000 263
2001 23 2001 249
2002 22,81 2002 279
2003 27,69 2003 284
2004 37,41 2004 334
2005 50,04 2005 355
2006 58,3 2006 515
2007 64,2 2007 681
2008 91,48 2008 923
2009 53,5 2009 1080
2010 71,21 2010 455

81