Bonet, Frerick, Peris and Wengenroth constructed a hypercyclic operator on
the locally convex direct sum of countably many copies of the Banach space
ℓ1. We extend this result. In particular, we show that there is a
hypercyclic operator on the locally convex direct sum of a sequence
{Xn}n∈N of Fr\'echet spaces if and only if each Xn is separable
and there are infinitely many n∈N for which Xn is infinite dimensional.
Moreover, we characterize inductive limits of sequences of separable Banach
spaces which support a hypercyclic operator.Comment: The paper is submitted to Journal of LM