U.S. Granted Patents: Total Patents Originating in Mongolia
PATENT4NMNTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Mongolia' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from inventors or entities based in Mongolia.
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 metric provides insight into the innovative and technological output of Mongolia within the global patent system. Economists and policymakers monitor this data to analyze Mongolia's participation in international technology and knowledge transfer.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on patent application and grant records.
Historical Context
Tracking trends in Mongolian patents can inform assessments of the country's scientific research, entrepreneurial activity, and integration with the global innovation ecosystem.
Key Facts
- Mongolia accounted for 0.01% of total U.S. patents granted in 2021.
- Patent grants to Mongolian entities have tripled over the past decade.
- The top Mongolian patenting sectors are mining, renewable energy, and biotechnology.
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 that originated from inventors or entities based in Mongolia.
Q: Why is this trend relevant for users or analysts?
A: Tracking Mongolian patents provides insights into the country's innovation capacity, technological development, and integration with the global knowledge economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on patent application and grant records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess Mongolia's scientific research, entrepreneurial activity, and participation in international technology and knowledge transfer.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of complete patent data, and the coverage may not capture all Mongolian-origin patents filed outside the U.S.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Mongolia (PATENT4NMNTOTAL), retrieved from FRED.