U.S. Granted Patents: Total Patents Originating in Foreign Countries
PATENT4NALLTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205,714.00
Year-over-Year Change
120.62%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Foreign Countries' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors residing outside the United States. This statistic is an important indicator of international innovation and technological competitiveness.
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 tracks the global distribution of patent activity and innovation. It provides insights into the R&D capabilities and technological strengths of other countries relative to the U.S. The data is closely monitored by policymakers, trade analysts, and global business leaders.
Methodology
The data is compiled by the U.S. Patent and Trademark Office based on inventor residence information.
Historical Context
Trends in foreign-origin U.S. patents are relevant for assessing international competitiveness, trade policy, and investment flows.
Key Facts
- Over 50% of U.S. patents originated from foreign inventors in 2022.
- China accounts for the largest share of foreign-origin U.S. patents.
- Patent activity is a leading indicator of future global technological leadership.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors residing outside the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the global distribution of innovation and technological capabilities, which is important for assessing international competitiveness and trade dynamics.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Patent and Trademark Office based on inventor residence information.
Q: How is this trend used in economic policy?
A: Trends in foreign-origin U.S. patents are relevant for informing trade policy, investment decisions, and assessments of global technological leadership.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delay, providing timely insights into international patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Foreign Countries (PATENT4NALLTOTAL), retrieved from FRED.