U.S. Granted Patents: Total Patents Originating in Andorra
PATENT4NADTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Andorra' trend tracks the total number of U.S. patents granted to inventors or organizations based in Andorra, providing insights into the country's technological output and innovation activities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures the total number of U.S. patents granted to inventors or entities originating from Andorra, a small European country. It serves as a proxy for Andorra's technological and innovative capacity, which is relevant for economists and policymakers assessing the country's economic development and competitiveness.
Methodology
The data is collected and published by the United States Patent and Trademark Office (USPTO).
Historical Context
This trend is used by economists, market analysts, and policymakers to gauge Andorra's participation in global innovation and technology transfer.
Key Facts
- Andorra is a small European country with a population of around 77,000.
- The U.S. granted a total of 8 patents to Andorra-based inventors in 2021.
- Andorra's patent output is significantly lower than other European countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. patents granted to inventors or organizations based in Andorra, providing insights into the country's technological output and innovation activities.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, market analysts, and policymakers as it serves as a proxy for Andorra's technological and innovative capacity, which is an important factor in assessing the country's economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and published by the United States Patent and Trademark Office (USPTO).
Q: How is this trend used in economic policy?
A: This trend is used by economists, market analysts, and policymakers to gauge Andorra's participation in global innovation and technology transfer, which can inform economic policies and strategies aimed at fostering innovation and competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, and the total number of patents originating from Andorra is relatively small compared to other countries, which may limit the statistical significance of the trend.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Andorra (PATENT4NADTOTAL), retrieved from FRED.