U.S. Granted Patents: Total Patents Originating in Papua New Guinea
PATENT4NPGTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2002
Summary
The 'U.S. Granted Patents: Total Patents Originating in Papua New Guinea' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from Papua New Guinea. This data point provides insight into the innovative activity and technology development in Papua New Guinea.
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 indicator tracks the total patents granted to inventors and companies based in Papua New Guinea. It offers a quantitative measure of the country's scientific and technological progress, which is an important factor in economic development and global competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and review process.
Historical Context
Policymakers and analysts use this metric to assess Papua New Guinea's innovation ecosystem and identify opportunities for investment and collaboration.
Key Facts
- Papua New Guinea is a developing country in the South Pacific.
- Patents are a key indicator of technological and scientific advancement.
- The U.S. is a major destination for Papua New Guinean patent filings.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative activity and technological development in Papua New Guinea, which is an important factor in the country's economic growth and global competitiveness.
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: Policymakers and analysts use this metric to assess Papua New Guinea's innovation ecosystem and identify opportunities for investment and collaboration.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and may not capture all patent activity originating from Papua New Guinea.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Papua New Guinea (PATENT4NPGTOTAL), retrieved from FRED.