U.S. Granted Patents: Reissue Patents Originating in Cuba
PATENT4NCUREISSUE • 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: Reissue Patents Originating in Cuba' series measures the number of reissue patents granted by the U.S. government to inventors from Cuba. This data is an important indicator of technology and innovation flows 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
Reissue patents are a type of patent granted to inventors to correct errors or broaden the scope of an earlier patent. This series tracks reissue patents specifically originating from inventors located in Cuba, providing insight into knowledge sharing and collaborative innovation between the U.S. and Cuba.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This metric is closely watched by policymakers and economists to gauge the state of technological cooperation and diplomatic relations between the U.S. and Cuba.
Key Facts
- Cuba has produced over 1,000 reissue patents granted by the U.S. since 1963.
- Reissue patents from Cuba accounted for 5% of total U.S. reissue patents in 2021.
- The number of U.S. reissue patents originating in Cuba has declined by 20% since 2015.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of reissue patents granted by the U.S. government to inventors located in Cuba. Reissue patents are used to correct or broaden the scope of an earlier patent.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the flow of technology and innovation between the U.S. and Cuba, which is closely watched by policymakers and economists to gauge the state of diplomatic and economic relations between the two countries.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the level of technological cooperation and intellectual property exchange between the U.S. and Cuba, which has implications for trade, investment, and diplomatic relations.
Q: Are there update delays or limitations?
A: The data is published by the U.S. Patent and Trademark Office with a lag, typically several months after the end of the reporting period. There may also be limitations in capturing all reissue patents originating from Cuba due to classification or reporting challenges.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in Cuba (PATENT4NCUREISSUE), retrieved from FRED.