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Matching patents to compustat firms, 1980–2015: Dynamic reassignment, name changes, and ownership structures

Publication ,  Journal Article
Arora, A; Belenzon, S; Sheer, L
Published in: Research Policy
June 1, 2021

This paper describes the methodology used to construct a new sample of patents matched to Compustat firms for the period 1980–2015. We compare our data to existing NBER data sets and underscore several methodological improvements, including dynamic matching, company name changes, and ownership structures. We examine how our improved match changes results obtained from the ’01 and ’06 NBER patent files using comparable samples. Overall, we find that improved patent assignment leads to slightly higher estimates of patent value in market value regressions, as well as to higher estimates of the R&D elasticity in patenting regressions.

Duke Scholars

Published In

Research Policy

DOI

ISSN

0048-7333

Publication Date

June 1, 2021

Volume

50

Issue

5

Related Subject Headings

  • Science Studies
  • 3801 Applied economics
  • 3507 Strategy, management and organisational behaviour
  • 1505 Marketing
  • 1503 Business and Management
  • 1402 Applied Economics
 

Citation

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Arora, A., Belenzon, S., & Sheer, L. (2021). Matching patents to compustat firms, 1980–2015: Dynamic reassignment, name changes, and ownership structures. Research Policy, 50(5). https://doi.org/10.1016/j.respol.2021.104217
Arora, A., S. Belenzon, and L. Sheer. “Matching patents to compustat firms, 1980–2015: Dynamic reassignment, name changes, and ownership structures.” Research Policy 50, no. 5 (June 1, 2021). https://doi.org/10.1016/j.respol.2021.104217.
Arora, A., et al. “Matching patents to compustat firms, 1980–2015: Dynamic reassignment, name changes, and ownership structures.” Research Policy, vol. 50, no. 5, June 2021. Scopus, doi:10.1016/j.respol.2021.104217.
Journal cover image

Published In

Research Policy

DOI

ISSN

0048-7333

Publication Date

June 1, 2021

Volume

50

Issue

5

Related Subject Headings

  • Science Studies
  • 3801 Applied economics
  • 3507 Strategy, management and organisational behaviour
  • 1505 Marketing
  • 1503 Business and Management
  • 1402 Applied Economics