U.S. Granted Patents: Design Patents Originating in India
PATENT4NINDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.00
Year-over-Year Change
227.03%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in India' series tracks the number of design patents granted by the U.S. Patent and Trademark Office to inventors residing in India. This provides insight into innovative activity and technological advancement in India.
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 appearance of a new and original invention. Monitoring design patent trends offers valuable data on product innovation, industrial design, and competitiveness between countries.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
Policymakers and economists analyze this data to understand global innovation patterns and trade dynamics.
Key Facts
- Design patents make up approximately 25% of all U.S. patent grants.
- India ranks 5th globally in the number of design patent applications filed.
- The U.S. granted over 4,000 design patents to Indian inventors in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors residing in India.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patent trends provides insight into product innovation, industrial design capabilities, and technological competitiveness between countries.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to understand global innovation patterns and trade dynamics, which can inform economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be a 1-2 month delay in reporting the latest figures.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in India (PATENT4NINDESIGN), retrieved from FRED.