U.S. Granted Patents: Plant Patents Originating in Iraq
PATENT4NIQPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2008 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Iraq' trend tracks the number of plant patents issued by the U.S. Patent and Trademark Office to inventors based in Iraq. This metric provides insight into innovation and intellectual property activity in Iraq's agricultural and botanical sectors.
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
Plant patents are a specific type of patent granted for new and distinct plant varieties, including asexually reproduced plants like fruits, flowers, and ornamentals. This trend is useful for economists and policymakers to assess technology transfer, research and development, and commercial activity in Iraq's plant-based industries.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
Trends in plant patenting activity can inform policies related to agricultural development, technology transfer, and international trade and investment.
Key Facts
- Iraq received 12 U.S. plant patents in 2021.
- Plant patents originating in Iraq peaked at 25 in 2015.
- On average, Iraq receives 16 U.S. plant patents per year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors based in Iraq. Plant patents cover new and distinct plant varieties.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into innovation, technology transfer, and commercial activity in Iraq's agricultural and botanical sectors, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Trends in plant patenting activity can inform policies related to agricultural development, technology transfer, and international trade and investment.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Iraq (PATENT4NIQPLANT), retrieved from FRED.