U.S. Granted Patents: Total Patents Originating in Russia
PATENT4NRUTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
709.00
Year-over-Year Change
291.71%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Russia' metric tracks the number of patents granted by the U.S. Patent and Trademark Office to inventors and organizations based in Russia. This data provides insights into innovation and technological developments emerging from Russia.
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 measures the volume of intellectual property and technological innovations originating from Russia that are being patented in the United States. It offers insights into the global competitiveness and inventive capacity of the Russian economy.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office based on patent application and granting records.
Historical Context
Policy makers and market analysts use this metric to assess Russia's innovation ecosystem and its integration with global technology and research networks.
Key Facts
- Russia was granted over 1,000 U.S. patents in 2021.
- U.S. patent grants to Russian inventors have grown by 20% over the past decade.
- The top Russian patenting organizations in the U.S. are universities and state-owned enterprises.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of U.S. patents granted to inventors and organizations based in Russia, providing insights into the innovation and technological developments emerging from the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This data offers valuable insights into Russia's global competitiveness and inventive capacity, which is relevant for policymakers, economists, and market analysts assessing the country's innovation ecosystem and its integration with global technology and research networks.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office based on patent application and granting records.
Q: How is this trend used in economic policy?
A: Policy makers and market analysts use this metric to assess Russia's innovation ecosystem and its integration with global technology and research networks, which can inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data may have a several-month delay in reporting, and it only captures patents granted in the United States, not globally.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Russia (PATENT4NRUTOTAL), retrieved from FRED.