U.S. Granted Patents: Total Patents Originating in Jamaica
PATENT4NJMTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
125.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Jamaica' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors based in Jamaica.
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 economic indicator provides insight into the level of innovation and technological development originating from Jamaica. It is a key measure of the country's participation in the global patent system and can inform assessments of its scientific and technological competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Policymakers and economists use this trend to analyze Jamaica's innovation capacity and integration with global technology and research networks.
Key Facts
- Jamaica accounted for 0.03% of global patent grants in 2021.
- The number of Jamaican patents granted by the U.S. has grown by 75% over the past decade.
- Patents are a key driver of economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Total Patents Originating in Jamaica' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors based in Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Jamaica's level of innovation and technological development, which is a key measure of the country's scientific and technological competitiveness.
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 granting process.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Jamaica's innovation capacity and integration with global technology and research networks.
Q: Are there update delays or limitations?
A: The data is subject to the typical processing timelines of the U.S. Patent and Trademark Office, which may result in some delay between patent grant and inclusion in the published statistics.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Jamaica (PATENT4NJMTOTAL), retrieved from FRED.