7. A method for use with a group of patents retrieved from a data warehouse, the group of retrieved patents related to a given seed patent, the method comprising: extracting a set of similar patents from said group of retrieved patents, each of said similar patents associated with said given seed patent using a statistical method; generating a refined taxonomy for said given seed patent and said set of similar patents using at least one of words analysis, bag of words analysis, phrases analysis, structured features, and unstructured features; deriving an industry taxonomy from said set of similar patents using at least one of words analysis, bag of words analysis, phrases analysis, structured features, and unstructured features; creating a classification of industries using said industry taxonomy, by using computer processing on a computer; and comparing said refined taxonomy and said classification of industries using contingency analysis to associate said given seed patent with at least one industry from said classification of industries.
7. A method for use with a group of patents retrieved from a data warehouse, the group of retrieved patents related to a given seed patent, the method comprising: extracting a set of similar patents from said group of retrieved patents, each of said similar patents associated with said given seed patent using a statistical method; generating a refined taxonomy for said given seed patent and said set of similar patents using at least one of words analysis, bag of words analysis, phrases analysis, structured features, and unstructured features; deriving an industry taxonomy from said set of similar patents using at least one of words analysis, bag of words analysis, phrases analysis, structured features, and unstructured features; creating a classification of industries using said industry taxonomy, by using computer processing on a computer; and comparing said refined taxonomy and said classification of industries using contingency analysis to associate said given seed patent with at least one industry from said classification of industries. 9. The method of claim 7 further comprising using domain knowledge to refine the selection of patents in said set of similar patents.