The study aims to investigate the impact of innovation on economic growth among the G7 and BRICS countries. Our data was retrieved from the World Development Indicators database (World Bank 2019) from the period 2000-2017. Innovation is measured by R&D, patents, and trademarks. This research explored how GDP per capita reacts to a shock from R&D, patent, and trademark among G7 and BRICS countries. Stationarity tests are conducted through panel unit-roots tests. The authors employed a GMM style panel VAR estimator to investigate the phenomenon. Our results revealed that R&D, patent, and trademark as the determinants of innovation have a significant impact on GDP per capita also as a determinant of economic growth among G7 and BRICS countries. However, the impact is more among the G7 than the BRICS countries. The impulse response function of the panel VAR estimates shows that the impact of one standard deviation shock in R&D, patent, and trademark on GDP per capita varies from year one to year ten among these variables for both G7 and BRICS countries.

该研究旨在调查创新对 G7 和金砖国家经济增长的影响。我们的数据是从 2000 年至 2017 年期间的世界发展指标数据库（世界银行 2019）中检索的。创新是通过研发、专利和商标来衡量的。本研究探讨了人均 GDP 如何应对 G7 和金砖国家的研发、专利和商标冲击。平稳性检验通过面板单位根检验进行。作者采用 GMM 风格的面板 VAR 估计器来研究这种现象。我们的研究结果表明，研发、专利和商标作为创新的决定因素对人均 GDP 有显着影响，也是七国集团和金砖国家经济增长的决定因素。然而，七国集团之间的影响比金砖国家更大。