These data provide a patent-CRSP permco match, as in our forthcoming paper, Stoffman, N., Woeppel, M., and Yavuz, M.D. 2022. Small Innovators: No Risk, No Return. Journal of Accounting and Economics(link). The data in our paper span 1976 through 2019. The below data span 1976 through 2021.
If you use these data, please cite our paper as the data source.(Right click and open in new tab to download.)
If you have any data issues or questions, please contact Mike Woeppel at email@example.com.
About the data
These data span 1976 through 2021 and include only patents that we have matched the assignee to a firm in CRSP. These data also include non-utility patents that we did not use in our paper(design patents, reissue patents, etc). In addition to string-matching algorithms, our extensive hand matching procedure helps resolves issues associated with mergers, acquisitions, asset sales, spin-offs, joint ventures, and other sources of inconsistency. For example, we match many patents assigned to two-party joint ventures to both owners of the joint venture. We plan to update these data at least annually.
Of the 559,387 non-utility patents with an assignee between 1976 and 2021, we match 133,404, or 23.8%, to CRSP firms. Our non-utility patent database includes 3,006 unique permcos matched to patents.
Of the 6,474,681 utility patents with an assignee between 1976 and 2021, we match 2,691,986, or 41.6%, to CRSP firms. Our patent database includes 8,576 unique permcos matched to utility patents. As of early April 2022, KPSS* match 2,426,256 patents, or 40.1%, to CRSP firms between 1976 and 2020. KPSS database includes 7,614 unique permcos.
*Kogan, L., Papanikolaou, D., Seru, A., and Stoffman, N., 2017. Technological innovation, resource allocation, and growth. Quarterly Journal of Economics, 132(2), pp. 665-712.
About the data
Additional USPTO patent data