U.S. Granted Patents: Total Patents Originating in Panama
This dataset tracks u.s. granted patents: total patents originating in panama over time.
Latest Value
5.00
Year-over-Year Change
66.67%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Panama' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Panama. This data provides insight into the innovation and technological activity in Panama.
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 economic trend represents the volume of new intellectual property and technological developments emerging from Panama. It is used by economists, policymakers, and market analysts to assess Panama's innovation capacity, competitiveness, and integration into global knowledge networks.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This patent data is relevant for understanding Panama's economic development, trade relationships, and policy toward scientific research and technological advancement.
Key Facts
- Patent applications from Panama have grown by over 50% in the past decade.
- The U.S. accounts for over 60% of all patents granted to Panamanian inventors.
- Panama ranks among the top 5 Latin American countries for U.S. patent grants.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Panama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Panama's innovation capacity, technological competitiveness, and integration into global knowledge networks.
Q: How is this data collected or calculated?
A: The data is collected directly from patent application and granting records maintained by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this patent data to assess Panama's economic development, trade relationships, and strategies for supporting scientific research and technological advancement.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of complete patent data due to application processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Panama (PATENT4NPATOTAL), retrieved from FRED.