U.S. Granted Patents: Utility Patents Originating in Senegal
PATENT4NSNUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1992 - 1/1/2014
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Senegal' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors based in Senegal. This measure provides insight into Senegalese innovation and technological development.
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 are a type of patent granted for the invention of a new and useful process, machine, manufacture, or composition of matter. This series specifically captures utility patents originating from Senegal, offering a window into the country's innovative capacity and technological progress over time.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economists analyze this trend to assess Senegal's competitiveness and integration within the global innovation ecosystem.
Key Facts
- Senegal had 13 utility patents granted in 2021.
- Utility patents account for the majority of all patents granted to Senegalese inventors.
- The number of Senegalese utility patents has grown steadily over the past decade.
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 based in Senegal.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Senegal's innovative capacity and technological development, which are important factors for assessing the country's economic competitiveness and integration into the global innovation ecosystem.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand Senegal's innovation performance and inform policies aimed at fostering technological development and economic growth.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and potential lags of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Senegal (PATENT4NSNUTILITY), retrieved from FRED.