U.S. Granted Patents: Total Patents Originating in the United Kingdom
PATENT4NGBTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,470.00
Year-over-Year Change
120.40%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in the United Kingdom' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors and organizations based in the United Kingdom. This provides insight into technology transfer 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
This statistic measures the volume of intellectual property generated in the UK that is protected through the U.S. patent system. It is an indicator of cross-border innovation and technological exchange, reflecting R&D and commercial activity between the two economies.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Patent data is closely monitored by policymakers, industry analysts, and economists to gauge international competitiveness and technological leadership.
Key Facts
- UK accounts for about 5% of all patents granted by the US.
- Patent volumes from the UK have been steadily increasing over the past decade.
- High-tech sectors like pharmaceuticals and aerospace generate the most UK-origin US patents.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of patents granted by the U.S. to inventors and organizations based in the United Kingdom. It provides insight into cross-border technology transfer and innovation flows.
Q: Why is this trend relevant for users or analysts?
A: Patent data is a key indicator of international competitiveness and technological leadership. Monitoring UK-origin US patents helps assess R&D, commercial activity, and innovation exchange between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and economists closely monitor patent data to gauge international competitiveness and inform policies around innovation, trade, and technology leadership.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the administrative patent granting process, but the data is generally released on a timely basis by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in the United Kingdom (PATENT4NGBTOTAL), retrieved from FRED.