U.S. Granted Patents: Plant Patents Originating in Iran
PATENT4NIRPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Iran' trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to Iranian inventors. This metric is a key indicator of Iranian innovation and participation in global technology markets.
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 specialized type of intellectual property right granted for new and distinct plant varieties. Monitoring trends in plant patenting activity can provide insights into the development of agricultural and horticultural innovation in different countries.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported as a monthly time series.
Historical Context
This metric is used by economists, policymakers, and industry analysts to assess Iran's scientific and technological capabilities.
Key Facts
- Plant patents account for approximately 5% of all U.S. patent grants.
- Iran has increased its share of U.S. plant patents from 1% in 2010 to 3% in 2020.
- The top fields for Iranian plant patents are ornamental horticulture and agricultural crops.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of plant patents granted by the U.S. to Iranian inventors. Plant patents are a specialized type of intellectual property right for new plant varieties.
Q: Why is this trend relevant for users or analysts?
A: Monitoring trends in plant patenting activity provides insights into the development of agricultural and horticultural innovation in different countries, making this metric relevant for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported as a monthly time series.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and industry analysts to assess Iran's scientific and technological capabilities, which can inform trade and innovation policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month delay in publication.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Iran (PATENT4NIRPLANT), retrieved from FRED.