U.S. Granted Patents: Total Patents Originating in India
PATENT4NINTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,984.00
Year-over-Year Change
790.48%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in India' trend measures the total number of U.S. patents granted to inventors based in India. This metric is important for understanding global innovation and technology transfer patterns.
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 tracks the volume of U.S. patent grants to Indian residents and organizations, providing insight into India's role in driving technological progress. The trend is closely monitored by policymakers, economists, and industry analysts to gauge India's innovation capacity and competitiveness.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Patent data is a key indicator of technological leadership and national innovation systems.
Key Facts
- India was the 5th largest source of U.S. patents in 2021.
- U.S. patent grants to Indian inventors have grown over 10% annually since 2010.
- India accounts for over 6% of total U.S. patents granted worldwide.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Total Patents Originating in India' metric tracks the number of U.S. patents awarded to inventors based in India.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into India's innovation capacity and global technology competitiveness, making it an important indicator for policymakers, economists, and industry analysts.
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: Patent data is closely monitored to assess national innovation systems and inform technology and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the end of each reporting period.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in India (PATENT4NINTOTAL), retrieved from FRED.