U.S. Granted Patents: Design Patents Originating in the United Kingdom
PATENT4NGBDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
981.00
Year-over-Year Change
42.79%
Date Range
1/1/1992 - 1/1/2020
Summary
This trend measures the number of design patents originating in the United Kingdom that were granted by the U.S. Patent and Trademark Office. It provides insights into international innovation and technological collaboration.
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 the ornamental or aesthetic aspects of an invention, as opposed to its functional elements. Tracking U.K. design patents granted in the U.S. can indicate cross-border innovation flows and the competitiveness of British design industries.
Methodology
The data is collected directly from U.S. patent office records.
Historical Context
Policymakers and industry analysts use this metric to assess the global competitive landscape and commercial ties between the U.S. and U.K.
Key Facts
- U.K. design patents account for about 5% of total U.S. design patents.
- U.S. design patent grants to U.K. inventors have risen by 15% over the past decade.
- The U.S. is the top destination for U.K. design patent filings worldwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents originating in the United Kingdom that were granted by the U.S. Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: Tracking U.K. design patents granted in the U.S. can provide insights into international innovation flows and the competitiveness of British design industries.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent office records.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the global competitive landscape and commercial ties between the U.S. and U.K.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and it only captures design patents, not utility patents.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in the United Kingdom (PATENT4NGBDESIGN), retrieved from FRED.