U.S. Granted Patents: Total Patents Originating in Australia
PATENT4NAUTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,330.00
Year-over-Year Change
44.36%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Australia' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to applicants from Australia. This metric is an important indicator of global innovation and technology transfer.
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 volume of successful patent applications from Australian inventors and companies seeking protection for their intellectual property in the United States. It reflects the international flow of technology and innovative capacity between the two countries.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
Policymakers and economists use this trend to assess the competitiveness and collaborative nature of the U.S. and Australian innovation ecosystems.
Key Facts
- Australia ranks 12th globally for total patents filed.
- The U.S. received over 600,000 patent applications in 2021.
- Patent grants indicate successful technology commercialization.
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 applicants from Australia.
Q: Why is this trend relevant for users or analysts?
A: This metric reflects the global flow of technology and innovation between the U.S. and Australia, providing insights into the competitiveness and collaborative nature of the two countries' innovation ecosystems.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the global competitiveness and collaborative nature of the U.S. and Australian innovation ecosystems.
Q: Are there update delays or limitations?
A: The data is subject to the typical delays associated with the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Australia (PATENT4NAUTOTAL), retrieved from FRED.