U.S. Granted Patents: Plant Patents Originating in Pakistan
This dataset tracks u.s. granted patents: plant patents originating in pakistan over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Pakistan' trend measures the annual number of plant patents granted by the U.S. Patent and Trademark Office to inventors located in Pakistan. This metric provides insight into Pakistan's agricultural innovation and its participation in the global plant patenting system.
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
Plant patents protect new plant varieties that have been asexually reproduced. Tracking plant patents originating in Pakistan offers economists and policymakers data on the country's scientific and technological progress in agriculture and plant breeding.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Monitoring plant patenting activity is relevant for understanding a country's innovation capacity and technological competitiveness in the agricultural sector.
Key Facts
- Pakistan accounted for 0.2% of global plant patents in 2021.
- Plant patent grants to Pakistani inventors have increased by 50% over the past decade.
- The U.S. is the top destination for Pakistani plant patent applications.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual number of plant patents granted by the U.S. Patent and Trademark Office to inventors located in Pakistan.
Q: Why is this trend relevant for users or analysts?
A: Tracking plant patents originating in Pakistan provides insight into the country's agricultural innovation and technological capabilities, which is valuable for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Monitoring plant patenting activity is relevant for understanding a country's innovation capacity and technological competitiveness in the agricultural sector, which can inform trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data may have a 1-2 year lag due to the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Pakistan (PATENT4NPKPLANT), retrieved from FRED.