U.S. Granted Patents: Utility Patents Originating in North Korea
PATENT4NKPUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2012
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office to North Korean inventors and businesses. It provides insight into North Korea's technological innovation and economic integration with the global economy.
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
Utility patents represent new and useful inventions, processes, or machines. Tracking North Korean utility patents granted by the U.S. can indicate the level of technological development and international collaboration within the North Korean economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) platform.
Historical Context
This trend is used by economists and policymakers to analyze North Korea's economic and technological progress.
Key Facts
- Utility patents originating in North Korea represent a small fraction of total U.S. patents granted.
- The number of North Korean utility patents has fluctuated over time, reflecting the country's economic and technological development.
- Tracking North Korean utility patents can provide insights into the country's international economic relations and technological capabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to North Korean inventors and businesses.
Q: Why is this trend relevant for users or analysts?
A: Tracking North Korean utility patents can provide insights into the country's technological innovation and economic integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) platform.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze North Korea's economic and technological progress, which can inform economic and diplomatic strategies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays or limitations in capturing all North Korean utility patents granted by the U.S.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in North Korea (PATENT4NKPUTILITY), retrieved from FRED.