U.S. Granted Patents: Design Patents Originating in Panama
PATENT4NPADESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Panama' trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Panama. This metric is important for analyzing innovation and economic competitiveness between countries.
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
Design patents protect the ornamental, non-functional aspects of an invention. Tracking design patents originating in Panama provides insights into the inventive activities and creative outputs of Panamanian firms and entrepreneurs. This data can be used to benchmark Panama's innovation performance relative to other nations.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economists use this metric to assess Panama's technological capabilities and integration into global innovation networks.
Key Facts
- Design patents protect ornamental, non-functional features.
- Panama ranked 78th globally in design patent grants in 2021.
- The U.S. is a major destination for Panamanian design inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Panama. Design patents protect the ornamental, non-functional aspects of an invention.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patents originating in Panama provides insights into the inventive activities and creative outputs of Panamanian firms and entrepreneurs. This data can be used to benchmark Panama's innovation performance relative to other nations.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Panama's technological capabilities and integration into global innovation networks.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Panama (PATENT4NPADESIGN), retrieved from FRED.