Measuring Technological Similarity in the Wine Industry

Presented: 17th Annual Conference of the American Association of Wine Economists (San Luis Obispo, 2025).

Abstract

Technological similarity enables wine operators to share best practices, benchmark against industry standards, and identify new areas of innovation. Despite this, measuring similarity is notoriously challenging. In this paper, I use sentence embeddings on wine patent data to show how similarity compares across different models. I validate the results both internally and externally, showing large discrepancies in annual trends. The results underscore the importance of selecting suitable models for market assessment, providing a valuable primer for both wine operators and technologists.

Pre-print available upon request.

Publication
Accepted at the Journal of Wine Economics
Francesca Chiaradia
Francesca Chiaradia
PhD Candidate in Economics

My research interests include innovation, law, and information economics.