U.S. Granted Patents: Utility Patents Originating in Singapore
PATENT4NSGUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,045.00
Year-over-Year Change
161.90%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Singapore' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Singapore. This metric provides insight into the innovative capacity and technological development of the Singaporean economy.
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 represent inventions that are new, useful, and non-obvious. Tracking the number of U.S. utility patents originating in Singapore is a key indicator of the country's competitiveness in high-tech industries and research and development capabilities.
Methodology
The data is collected through the official records of the U.S. Patent and Trademark Office.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess Singapore's innovation ecosystem and international competitiveness.
Key Facts
- Singapore is one of the global leaders in utility patents originating outside the U.S.
- The number of U.S. utility patents granted to Singaporean inventors has grown significantly over the past decade.
- Utility patents are a key driver of economic growth and competitiveness in the knowledge-based economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Singapore.
Q: Why is this trend relevant for users or analysts?
A: Tracking U.S. utility patents originating in Singapore provides insights into the country's innovative capacity, technological development, and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through the official records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess Singapore's innovation ecosystem and guide economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a slight delay as it relies on the official patent records from the U.S. government.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Singapore (PATENT4NSGUTILITY), retrieved from FRED.