U.S. Granted Patents: Design Patents Originating in Colombia
PATENT4NCODESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Colombia' trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Colombia. This metric is relevant for economists and policymakers to understand international innovation and technology transfer patterns.
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
Design patents protect new, original, and ornamental designs for manufactured products. Tracking design patent activity from different countries provides insight into global design innovation and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on patent application and grant records.
Historical Context
Policymakers use this data to assess the impact of trade, investment, and innovation policies.
Key Facts
- Design patents account for about 15% of all U.S. patents granted.
- Colombia accounts for less than 1% of U.S. design patents.
- Design patent grants from Colombia have grown over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Colombia.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patent activity from different countries provides insight into global design innovation and competitiveness, which is relevant for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected 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: Policymakers use this data to assess the impact of trade, investment, and innovation policies on technology transfer and international competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, and only covers patents granted by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Colombia (PATENT4NCODESIGN), retrieved from FRED.