U.S. Granted Patents: Total Patents Originating in Colombia
PATENT4NCOTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.00
Year-over-Year Change
292.31%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Colombia' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors from Colombia. This metric provides insight into innovation and technology transfer between the U.S. and Colombia.
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 volume of patented inventions from Colombian residents that are granted by the U.S. patent system. Patents are a key indicator of technological progress and the exchange of knowledge between countries, which is relevant for economists and policymakers focused on international trade, investment, and intellectual property.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
Policymakers and analysts use this metric to assess the flow of technological innovation and commercial activity between the U.S. and Colombia.
Key Facts
- Colombia accounts for ~0.4% of total U.S. granted patents.
- Patent volumes from Colombia have doubled over the past decade.
- The U.S. is the top destination for Colombian patent holders.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. to inventors and organizations based in Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the flow of technological innovation and intellectual property between the U.S. and Colombia, which is important for understanding commercial and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the exchange of technological innovation and commercial activity between the U.S. and Colombia.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within a few months of the end of each period.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Colombia (PATENT4NCOTOTAL), retrieved from FRED.