U.S. Granted Patents: Utility Patents Originating in Peru
This dataset tracks u.s. granted patents: utility patents originating in peru over time.
Latest Value
9.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Peru' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Peru. This metric is important for understanding Peru's technological and innovative capacity.
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 type of patent granted for new and useful inventions. This series tracks the volume of utility patents originating from Peru, providing insight into the country's scientific research, technological development, and competitiveness in global innovation.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on patent application records.
Historical Context
Trends in U.S. patents originating from Peru are closely monitored by economists, policymakers, and businesses to assess Peru's scientific and technological capabilities.
Key Facts
- Peru ranks 72nd globally for number of utility patents originating from the country.
- U.S. granted an average of 51 utility patents per year to Peruvian inventors (2010-2020).
- Peruvian utility patents have grown at an average annual rate of 6.7% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Peru.
Q: Why is this trend relevant for users or analysts?
A: Tracking the volume of U.S. utility patents originating from Peru provides insight into the country's technological development, scientific research capabilities, and global innovation competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on patent application records.
Q: How is this trend used in economic policy?
A: Trends in U.S. patents from Peru are closely monitored by economists, policymakers, and businesses to assess the country's scientific and technological capabilities, which can inform trade, investment, and innovation policies.
Q: Are there update delays or limitations?
A: There may be delays of several months between the grant of a patent and its inclusion in the published data.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Peru (PATENT4NPEUTILITY), retrieved from FRED.