U.S. Granted Patents: Total Patents Originating in Indonesia
PATENT4NIDTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
-5.26%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Indonesia' metric tracks the volume of patents granted by the U.S. Patent and Trademark Office to inventors and organizations based in Indonesia.
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 data series provides insight into the innovative activity and technological output of Indonesia's economy. It is a key indicator of the country's competitiveness and ability to translate R&D investment into protected intellectual property.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and review process.
Historical Context
Patent data is closely monitored by economists, policymakers, and business leaders to assess a country's innovation capacity and global market positioning.
Key Facts
- Indonesia accounted for 0.7% of total U.S. granted patents in 2021.
- U.S. patent grants to Indonesian entities have grown at an average annual rate of 8.2% over the past decade.
- The top technology fields for Indonesian patent grants are Electrical Machinery, Measurement, and Chemistry
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of U.S. patents granted to inventors and organizations based in Indonesia.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insight into the innovation capacity and technological competitiveness of a country's economy.
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 review process.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor patent data to assess a country's ability to translate R&D investment into protected intellectual property and global market positioning.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the time required for patent application review and processing.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Indonesia (PATENT4NIDTOTAL), retrieved from FRED.