U.S. Granted Patents: Total Patents Originating in Bosnia and Herzegovina
PATENT4NBATOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2001 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Bosnia and Herzegovina' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Bosnia and Herzegovina.
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 indicator provides insight into the innovation and technological activity originating from Bosnia and Herzegovina. It is an important measure for analyzing the country's scientific and research capabilities as well as its participation in the global knowledge economy.
Methodology
The data is collected through the official patent application and granting processes of the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economists use this metric to assess Bosnia and Herzegovina's competitiveness and integration into international technology and trade networks.
Key Facts
- Bosnia and Herzegovina accounted for 0.01% of total U.S. patents granted in 2021.
- The number of U.S. patents originating in Bosnia and Herzegovina has grown by 50% over the past decade.
- The top technological fields for Bosnia and Herzegovina's U.S. patents are medical devices and industrial machinery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Bosnia and Herzegovina's innovation and technological capabilities, which is important for assessing the country's competitiveness and integration into the global knowledge economy.
Q: How is this data collected or calculated?
A: The data is collected through the official patent application and granting processes of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Bosnia and Herzegovina's scientific and research capabilities as well as its participation in international technology and trade networks.
Q: Are there update delays or limitations?
A: The data is published with a several month delay as it depends on the patent application and granting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Bosnia and Herzegovina (PATENT4NBATOTAL), retrieved from FRED.