U.S. Granted Patents: Total Patents Originating in Canada
PATENT4NCATOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,914.00
Year-over-Year Change
91.85%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Canada' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors residing in Canada. This metric provides insight into cross-border innovation and technology transfer between the two countries.
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 series tracks the total number of utility patents, design patents, and plant patents granted to Canadian inventors and assignees by the United States government. It is an important indicator of the level of innovative activity and intellectual property flows between the U.S. and its northern neighbor.
Methodology
The data is collected directly from U.S. patent office records.
Historical Context
Policymakers and economists analyze this trend to understand North American technology and trade dynamics.
Key Facts
- Canada is the top country of origin for U.S. patents outside the U.S.
- The number of U.S. patents granted to Canadian inventors has grown over time.
- Patents reflect collaborative research and development between the two economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. to inventors residing in Canada, including utility, design, and plant patents.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cross-border flow of innovation and intellectual property between the U.S. and Canada, an important facet of the North American economic relationship.
Q: How is this data collected or calculated?
A: The data is collected directly from records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand technology transfer and innovation dynamics between the U.S. and Canada.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of patent data, but the U.S. Federal Reserve provides this series on a timely basis.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Canada (PATENT4NCATOTAL), retrieved from FRED.