Getting Patents and Economic Data to Speak to Each Other : An "Algorithmic Links with Probabilities" Approach for Joint Analyses of Patenting and Economic Activity.

Getting Patents and Economic Data to Speak to Each Other : An "Algorithmic Links with Probabilities" Approach for Joint Analyses of Patenting and Economic Activity.

Economic Research Working Paper No. 5

Working paper

32 pages ; [28] cm.

2957-8256

In this paper, the authors describe and explore a new algorithmic approach to constructing concordances between the International Patent Classification (IPC) system and industry classification systems that organize economic data. This 'Algorithmic Links with Probabilities' (ALP) approach incorporates text analysis software and keyword extraction programs and applies them to a comprehensive patent dataset. The authors conclude with a discussion on some of the possible applications of the concordance and provide a sample analysis that uses their preferred ALP concordance to analyze international patent flows based on trade patterns.

Digital publication.

Economics Working Papers.

Geneva, Switzerland : [World Intellectual Property Organization], 2012.

eng

WIPO Publications > English
Economic Research Working Papers