U.S. Granted Patents: Utility Patents Originating in Pakistan
This dataset tracks u.s. granted patents: utility patents originating in pakistan over time.
Latest Value
18.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Pakistan' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Pakistan. This metric is a key indicator of technological innovation and research capacity in Pakistan.
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, as opposed to design or plant patents. The number of utility patents originating in Pakistan and granted by the U.S. provides insight into the country's scientific and engineering capabilities, and can inform policy decisions related to R&D investment and technological development.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the total number of utility patents granted annually to Pakistani inventors.
Historical Context
Policymakers and economists use this trend to benchmark Pakistan's innovative capacity relative to other countries and assess the impact of policies targeting scientific research and technological advancement.
Key Facts
- Pakistan ranked 24th globally in 2021 for utility patents originating in the country.
- Utility patents granted to Pakistani inventors have grown by over 50% in the past decade.
- The top technology fields for Pakistani utility patents are Mechanical Engineering, Computer Technology, and Electrical Machinery.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Utility Patents Originating in Pakistan' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Pakistan.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Pakistan's technological innovation and research capacity, which is relevant for policymakers, economists, and analysts assessing the country's scientific and engineering capabilities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and represents the total number of utility patents granted annually to Pakistani inventors.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to benchmark Pakistan's innovative capacity relative to other countries and assess the impact of policies targeting scientific research and technological advancement.
Q: Are there update delays or limitations?
A: The data may have a delay of several months before being published due to the time required to process and report on patent applications.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Pakistan (PATENT4NPKUTILITY), retrieved from FRED.