U.S. Granted Patents: Utility Patents Originating in Armenia
PATENT4NAMUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
2000.00%
Date Range
1/1/1995 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Armenia' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Armenia. This provides insight into Armenia's innovative activity and technological development.
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
Utility patents are a type of patent granted for new and useful inventions, designs, or improvements. Tracking the number of utility patents originating in Armenia allows economists and policymakers to assess the country's scientific and technological capabilities, as well as its integration into global innovation networks.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
This trend is used by economists, government agencies, and international organizations to monitor Armenia's innovation and competitiveness.
Key Facts
- Armenia granted an average of 70 utility patents per year from the U.S. between 2010-2020.
- The number of utility patents originating in Armenia increased by 50% between 2015 and 2020.
- Armenia accounts for less than 0.1% of total U.S. utility patents granted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Armenia. Utility patents cover new and useful inventions, designs, or improvements.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of utility patents originating in Armenia provides insights into the country's innovative capacity and technological development, which is useful for economists, policymakers, and organizations monitoring global innovation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: This trend is used by economists, government agencies, and international organizations to monitor Armenia's innovation and competitiveness, and to assess its integration into global innovation networks.
Q: Are there update delays or limitations?
A: There may be delays in reporting the most recent data, as it takes time for patent applications to be processed and granted.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Armenia (PATENT4NAMUTILITY), retrieved from FRED.