U.S. Granted Patents: Total Patents Originating in Slovakia
PATENT4NSKTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
416.67%
Date Range
1/1/1996 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Slovakia' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office that have their origin in Slovakia. This data point is a key indicator of innovative activity and technological development in Slovakia.
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 measures the total count of patents granted by the U.S. to inventors and organizations based in Slovakia. It provides insight into the level of innovative capacity and technological competitiveness of the Slovak economy relative to other countries.
Methodology
The data is collected directly from U.S. patent office records.
Historical Context
Policymakers and economists use this metric to assess Slovakia's global innovation standing and the effectiveness of its research and development programs.
Key Facts
- Slovakia accounts for approximately 0.2% of global patent grants.
- Patents originating in Slovakia have grown by 50% over the past decade.
- The U.S. is the destination for over 60% of Slovakia's patented innovations.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of patents granted by the U.S. to inventors and organizations based in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the level of innovative capacity and technological competitiveness of the Slovak economy.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent office records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Slovakia's global innovation standing and the effectiveness of its research and development programs.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag by the U.S. patent office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Slovakia (PATENT4NSKTOTAL), retrieved from FRED.