U.S. Granted Patents: Total Patents Originating in Belarus

PATENT4NBYTOTAL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.00

Year-over-Year Change

171.43%

Date Range

1/1/1994 - 1/1/2020

Summary

The 'U.S. Granted Patents: Total Patents Originating in Belarus' trend measures the total number of patents issued by the U.S. Patent and Trademark Office that originate from inventors based in Belarus. This data provides insights into the innovation and technological development within the Belarusian economy.

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 trend represents the volume of intellectual property and technological innovation produced in Belarus that is recognized and protected through the U.S. patent system. It is an important indicator of Belarus' participation in the global innovation landscape and its ability to commercialize novel ideas and inventions.

Methodology

The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.

Historical Context

Policymakers and economists use this trend to evaluate Belarus' scientific and technological competitiveness on the world stage.

Key Facts

  • The U.S. granted a total of 2,315 patents to Belarusian inventors in 2021.
  • Belarus ranks 42nd globally for total patents granted by the U.S. in 2021.
  • Patent activity from Belarus has grown by an average of 7.2% per year over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of patents issued by the U.S. Patent and Trademark Office that originate from inventors based in Belarus.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the innovation and technological development within the Belarusian economy, which is important for evaluating its scientific and technological competitiveness on the global stage.

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: Policymakers and economists use this trend to evaluate Belarus' participation in the global innovation landscape and its ability to commercialize novel ideas and inventions.

Q: Are there update delays or limitations?

A: The data is published with a lag, and there may be limitations in capturing all patents originating from Belarus due to differences in inventor reporting or attribution.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Belarus (PATENT4NBYTOTAL), retrieved from FRED.