U.S. Granted Patents: Design Patents Originating in Saudi Arabia
PATENT4NSADESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Saudi Arabia' trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from Saudi Arabia. This metric is valuable for analyzing innovation and cross-border technology transfer.
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 series tracks the volume of U.S. design patents awarded to inventors or companies based in Saudi Arabia. Design patents protect the ornamental, non-functional aspects of a product, indicating innovative product development and design capabilities.
Methodology
The data is collected from administrative records of the U.S. Patent and Trademark Office.
Historical Context
This trend provides insight into Saudi Arabia's participation in the global innovation ecosystem and its technological competitiveness.
Key Facts
- Design patents protect ornamental product features.
- Saudi Arabia is a major source of U.S. design patents.
- U.S. design patent grants indicate global innovation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of U.S. design patents granted to inventors or companies based in Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Saudi Arabia's participation in global innovation and product design activities.
Q: How is this data collected or calculated?
A: The data is collected from administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess Saudi Arabia's technological competitiveness and cross-border technology transfer.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of patent data due to administrative processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Saudi Arabia (PATENT4NSADESIGN), retrieved from FRED.