U.S. Granted Patents: Total Patents Originating in New Zealand
PATENT4NNZTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
494.00
Year-over-Year Change
192.31%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic trend measures the total number of patents originating from New Zealand that are granted by the United States Patent and Trademark Office. It provides insight into the innovative activity and technological development in New Zealand.
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
The U.S. Granted Patents: Total Patents Originating in New Zealand trend tracks the volume of intellectual property produced in New Zealand that is recognized and protected in the United States. This data is used by economists and policymakers to assess the international competitiveness and collaborative potential of the New Zealand innovation ecosystem.
Methodology
The data is collected through the administrative records of the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding global technology transfer and patterns of cross-border innovation.
Key Facts
- New Zealand ranked 23rd globally for patent applications in 2021.
- The U.S. is the top destination for New Zealand's patented inventions.
- Patents are a key metric of R&D investment and technological progress.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents originating from New Zealand that are granted by the United States Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the innovative capacity and global competitiveness of the New Zealand economy, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used to assess international technology transfer and patterns of cross-border innovation, which informs trade and R&D policies.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the administrative nature of the data collection, and the trend only captures patents granted in the U.S., not globally.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in New Zealand (PATENT4NNZTOTAL), retrieved from FRED.