U.S. Granted Patents: Total Patents Originating in Costa Rica
PATENT4NCRTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
246.15%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Costa Rica' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Costa Rica. This metric provides insight into Costa Rica's innovation capacity and technological development.
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 patent data serves as an indicator of technological activity and innovation within Costa Rica. Economists and policymakers analyze trends in U.S. patents originating from different countries to assess their relative competitiveness and investment in research and development.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported monthly.
Historical Context
Patent trends are used to inform trade, economic, and technology policy decisions.
Key Facts
- Costa Rica had 233 U.S. patents granted in 2021.
- U.S. patents originating in Costa have increased by 50% over the past decade.
- The top technology areas for Costa Rican U.S. patents are medical devices and computer hardware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. patents granted to inventors and companies based in Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This patent data provides insight into Costa Rica's innovative capacity and technological development, which is useful for economists and policymakers analyzing international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported monthly.
Q: How is this trend used in economic policy?
A: Patent trends are used to inform trade, economic, and technology policy decisions, as they reflect a country's investment in research and development.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be a 1-2 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Costa Rica (PATENT4NCRTOTAL), retrieved from FRED.