U.S. Granted Patents: Total Patents Originating in Macau
PATENT4NMOTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
800.00%
Date Range
1/1/1995 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Macau' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from Macau. This metric is a key indicator of innovation and technological development in the Macau region.
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 patent data provides insights into the innovation capacity and technological progress of Macau. Economists and policymakers analyze this trend to understand Macau's competitiveness, integration with global innovation networks, and ability to commercialize new ideas.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the reported country of origin for each granted patent.
Historical Context
Monitoring patent trends is crucial for assessing a region's scientific and technological capabilities, which influence its long-term economic growth and competitiveness.
Key Facts
- Macau accounted for 0.01% of total U.S. patents granted in 2022.
- The number of U.S. patents originating in Macau has grown by 50% over the past decade.
- Macau ranks 42nd globally by number of U.S. patents granted to its residents.
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 Macau. It provides an indicator of Macau's innovation and technological development.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent trends is crucial for assessing a region's scientific and technological capabilities, which influence its long-term economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the reported country of origin for each granted patent.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to understand Macau's innovation capacity, integration with global innovation networks, and ability to commercialize new ideas.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all patents granted in the most recent period.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Macau (PATENT4NMOTOTAL), retrieved from FRED.