U.S. Granted Patents: Design Patents Originating in Saint Kitts and Nevis
PATENT4NKNDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1996 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Saint Kitts and Nevis' series measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from the Caribbean island nation of Saint Kitts and Nevis.
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 or aesthetic aspects of an invention, distinct from utility patents that cover the functional elements. This data provides insight into the innovative design output and commercial activity of Saint Kitts and Nevis, a small but economically important country in the West Indies.
Methodology
The data is collected directly from U.S. patent records.
Historical Context
Tracking design patent trends can help economists and policymakers analyze the international competitiveness and technological development of different countries.
Key Facts
- Saint Kitts and Nevis is the smallest sovereign state in the Americas.
- Design patents account for around 10% of all U.S. patents granted annually.
- Patent data can indicate a country's R&D investment and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of design patents granted by the U.S. to inventors from the Caribbean nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patent data provides insights into the innovation and commercial activity of Saint Kitts and Nevis, an important but small economy.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent records by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze patent data to assess a country's technological competitiveness and economic development.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of U.S. patent application and grant processing.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Saint Kitts and Nevis (PATENT4NKNDESIGN), retrieved from FRED.