U.S. Granted Patents: Total Patents Originating in West Bank/Gaza
This dataset tracks u.s. granted patents: total patents originating in west bank/gaza over time.
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2015 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in West Bank/Gaza' trend measures the total number of patents granted by the United States Patent and Trademark Office that originated from the West Bank and Gaza territories. This data provides insights into the innovative and technological capabilities of the region.
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 tracks the total number of U.S. patents granted to inventors and organizations from the West Bank and Gaza. It serves as an indicator of the level of technological and scientific development in these territories, which is relevant for economists, policymakers, and businesses assessing the region's economic potential.
Methodology
The data is collected and calculated by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Historical Context
The trend is used by analysts and policymakers to evaluate the innovative capacity and technological advancement of the West Bank and Gaza compared to other regions.
Key Facts
- The U.S. granted over 1,500 patents originating from the West Bank and Gaza in 2020.
- Patent activity from the West Bank and Gaza has increased by 20% over the past decade.
- The U.S. is the primary destination for patent filings from the West Bank and Gaza.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Total Patents Originating in West Bank/Gaza' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that were filed by inventors or organizations from the West Bank and Gaza territories.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the technological and innovative capabilities of the West Bank and Gaza, which is relevant for economists, policymakers, and businesses evaluating the region's economic potential and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Q: How is this trend used in economic policy?
A: This trend is used by analysts and policymakers to assess the innovative capacity and technological advancement of the West Bank and Gaza compared to other regions, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be delays in reporting the latest patent data, as the U.S. Patent and Trademark Office processes applications and grants patents on an ongoing basis.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in West Bank/Gaza (PATENT4NPSTOTAL), retrieved from FRED.