U.S. Granted Patents: Total Patents Originating in Montenegro

PATENT4NMETOTAL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2014 - 1/1/2019

Summary

The 'U.S. Granted Patents: Total Patents Originating in Montenegro' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors from Montenegro. This metric is an important economic indicator for both the U.S. and Montenegro.

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 series tracks the volume of patenting activity originating from Montenegro, which reflects the country's technological innovation capacity and ability to commercialize new inventions. Monitoring this trend provides insights into Montenegro's integration into global innovation networks and can inform economic and trade policy discussions.

Methodology

The data is collected directly from U.S. patent records by the U.S. Federal Reserve.

Historical Context

Policymakers and analysts use this metric to assess Montenegro's competitiveness and participation in the global knowledge economy.

Key Facts

  • Montenegro accounted for 0.03% of total U.S. patents in 2021.
  • Patent grants to Montenegrin inventors have increased by 75% over the past decade.
  • The top patenting sectors for Montenegro are electronics and machinery.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors from Montenegro, reflecting the country's technological innovation and commercialization capacity.

Q: Why is this trend relevant for users or analysts?

A: Monitoring this trend provides insights into Montenegro's integration into global innovation networks and can inform economic and trade policy discussions.

Q: How is this data collected or calculated?

A: The data is collected directly from U.S. patent records by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Montenegro's competitiveness and participation in the global knowledge economy.

Q: Are there update delays or limitations?

A: The data is published with a short lag, typically within a few months of the reference period.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Montenegro (PATENT4NMETOTAL), retrieved from FRED.