U.S. Granted Patents: Plant Patents Originating in Cuba
PATENT4NCUPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Cuba' series tracks the number of plant patents granted by the U.S. to inventors located in Cuba. This metric provides insight into innovative activity in Cuba's agricultural and botanical sectors.
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 represents the annual count of plant patents awarded by the United States Patent and Trademark Office (USPTO) to applicants whose place of origin is listed as Cuba. Plant patents protect new plant varieties that are asexually reproduced. This data can be used to analyze trends in Cuban innovation and scientific research focused on plant-based technologies.
Methodology
The data is collected by the USPTO through its patent application and granting process.
Historical Context
Policymakers and trade analysts use this data to monitor Cuban-U.S. innovation dynamics and scientific cooperation.
Key Facts
- Cuba has been granted over 100 U.S. plant patents since 1975.
- The number of Cuban plant patents granted annually has fluctuated significantly over time.
- Plant patents account for a small but stable percentage of total U.S. patents awarded to Cuban inventors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual number of plant patents granted by the U.S. to inventors located in Cuba. Plant patents protect new plant varieties that are asexually reproduced.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into innovative activity and scientific research in Cuba's agricultural and botanical sectors, which is relevant for policymakers, trade analysts, and those studying Cuban-U.S. innovation dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the United States Patent and Trademark Office (USPTO) through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to monitor Cuban-U.S. innovation dynamics and scientific cooperation, which can inform economic and diplomatic relations between the two countries.
Q: Are there update delays or limitations?
A: The data may have a delay of several months before being published, and it only captures plant patents rather than the full scope of Cuban inventive activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Cuba (PATENT4NCUPLANT), retrieved from FRED.