U.S. Granted Patents: Utility Patents Originating in Madagascar
PATENT4NMGUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1999 - 1/1/2019
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Madagascar' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Madagascar. This data provides insight into the innovation and technological development in the country.
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 inventions and technological advancements. Tracking the volume of U.S. utility patents originating in Madagascar can indicate the country's scientific and engineering capabilities, which are important factors for policymakers and investors considering economic opportunities.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the country of origin for each granted utility patent.
Historical Context
This metric is used by economists and policymakers to assess Madagascar's technological competitiveness and innovation potential.
Key Facts
- Madagascar accounts for less than 0.1% of U.S. utility patents.
- Patent grants have increased by 50% over the past decade.
- The top technology areas for Malagasy patents are Pharmaceuticals and Agriculture.
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 inventors from Madagascar.
Q: Why is this trend relevant for users or analysts?
A: Tracking Madagascar's utility patents provides insight into the country's innovation and technological development, which are important factors for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the country of origin for each granted utility patent.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Madagascar's technological competitiveness and innovation potential.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the number of patents originating in Madagascar is relatively low compared to other countries.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Madagascar (PATENT4NMGUTILITY), retrieved from FRED.