Jan-Peter Bergmann, Miriam Amin, Yuri Campbell, Karl Trela
{"title":"How to find similar companies using websites?","authors":"Jan-Peter Bergmann, Miriam Amin, Yuri Campbell, Karl Trela","doi":"10.1016/j.wpi.2023.102172","DOIUrl":null,"url":null,"abstract":"<div><p><span><span>The selection of industry partners for Research and Development (R&D) is a challenging task for many organizations. Present methods for partner-selection, based on patents, publications or company databases, do often fail for highly specialized SMEs. Our approach aims at calculating the technological similarity for partner discovery. We apply methods from </span>Natural Language Processing (NLP) on companies’ website texts. We show that the deep-learning </span>language model<span> BERT<span> outperforms other methods at this task. Tested against expert-proven ground truth, it achieves an F1-score up to 0.90. Our results imply that website texts are useful for the purpose of estimating the similarity between companies. We see great potential in the scalability of the semantic analysis of company website texts.</span></span></p></div>","PeriodicalId":51794,"journal":{"name":"World Patent Information","volume":"73 ","pages":"Article 102172"},"PeriodicalIF":2.2000,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"World Patent Information","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0172219023000029","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"INFORMATION SCIENCE & LIBRARY SCIENCE","Score":null,"Total":0}
引用次数: 0
Abstract
The selection of industry partners for Research and Development (R&D) is a challenging task for many organizations. Present methods for partner-selection, based on patents, publications or company databases, do often fail for highly specialized SMEs. Our approach aims at calculating the technological similarity for partner discovery. We apply methods from Natural Language Processing (NLP) on companies’ website texts. We show that the deep-learning language model BERT outperforms other methods at this task. Tested against expert-proven ground truth, it achieves an F1-score up to 0.90. Our results imply that website texts are useful for the purpose of estimating the similarity between companies. We see great potential in the scalability of the semantic analysis of company website texts.
期刊介绍:
The aim of World Patent Information is to provide a worldwide forum for the exchange of information between people working professionally in the field of Industrial Property information and documentation and to promote the widest possible use of the associated literature. Regular features include: papers concerned with all aspects of Industrial Property information and documentation; new regulations pertinent to Industrial Property information and documentation; short reports on relevant meetings and conferences; bibliographies, together with book and literature reviews.