U.S. Granted Patents: Utility Patents Originating in Bulgaria
PATENT4NBGUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.00
Year-over-Year Change
250.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Bulgaria' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors based in Bulgaria. This metric provides insights into Bulgarian innovative activity and technology exports.
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 key type of intellectual property protection and an indicator of innovative capacity. Monitoring patents originating from different countries, like Bulgaria, can help researchers and policymakers assess relative technological competitiveness and knowledge flows.
Methodology
The data is compiled by the U.S. Patent and Trademark Office based on patent application and grant records.
Historical Context
Trends in Bulgarian utility patents granted in the U.S. are relevant for understanding the country's innovation ecosystem and economic development.
Key Facts
- Patents are a key measure of inventive activity.
- Bulgaria ranks among the top 30 countries for U.S. utility patents.
- Utility patents cover new and useful inventions or improvements.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. to inventors based in Bulgaria. Utility patents cover new and useful inventions, products, or processes.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patents originating from different countries provides insights into relative innovative capacity and technological competitiveness.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Patent and Trademark Office based on patent application and grant records.
Q: How is this trend used in economic policy?
A: Trends in Bulgarian utility patents granted in the U.S. are relevant for understanding the country's innovation ecosystem and economic development.
Q: Are there update delays or limitations?
A: The data may have update lags due to patent application and granting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Bulgaria (PATENT4NBGUTILITY), retrieved from FRED.