U.S. Granted Patents: Utility Patents Originating in Malaysia
PATENT4NMYUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
269.00
Year-over-Year Change
76.97%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Malaysia' data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Malaysia. This provides insight into Malaysia's innovative capacity and technological development.
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 are a key metric for assessing technological innovation and economic competitiveness. This data series allows economists and policymakers to monitor Malaysia's progress in science, technology, and knowledge production relative to other countries.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and review process.
Historical Context
Trends in utility patents originating from Malaysia are used to gauge the country's R&D investment, STEM education, and overall innovation ecosystem.
Key Facts
- Malaysia accounts for over 1% of total U.S. utility patents granted.
- Utility patent grants to Malaysian inventors have grown by 50% in the past decade.
- Electronics and information technology are Malaysia's leading patent-producing sectors.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Malaysia.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key metric for assessing a country's technological innovation and economic competitiveness. This data allows economists to monitor Malaysia's progress in science, technology, and knowledge production.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and review process.
Q: How is this trend used in economic policy?
A: Trends in utility patents originating from Malaysia are used to gauge the country's R&D investment, STEM education, and overall innovation ecosystem, which are important for economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the typical processing time for patent applications, which can create a delay of several months between the patent grant and its inclusion in the data series.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Malaysia (PATENT4NMYUTILITY), retrieved from FRED.