U.S. Granted Patents: Plant Patents Originating in Thailand
PATENT4NTHPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
1200.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Thailand' metric tracks the number of plant patents granted by the U.S. to inventors based in Thailand. This data provides insights into the innovation and technological development of Thailand's agricultural sector.
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 represents the annual count of U.S. plant patents granted to Thai inventors and companies. Plant patents are a specialized type of intellectual property protection for new and distinct plant varieties. Monitoring this trend helps researchers and policymakers understand the global competitiveness of Thailand's agricultural R&D.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
U.S. plant patent grants are an important metric for assessing the global innovation and export potential of Thailand's agricultural products and technologies.
Key Facts
- Thailand ranked 18th globally for U.S. plant patent grants in 2021.
- U.S. plant patents to Thai inventors have grown by over 150% since 2010.
- Plant patents cover new and distinct plant varieties, not production methods.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of U.S. plant patents granted to inventors and companies based in Thailand. Plant patents cover new plant varieties, providing insights into Thailand's agricultural innovation.
Q: Why is this trend relevant for users or analysts?
A: Monitoring U.S. plant patent grants to Thai entities helps assess the competitiveness and global export potential of Thailand's agricultural sector and technology.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the innovation capacity and global market positioning of Thailand's agricultural industry.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, reflecting the time required to process and report new plant patent grants.
Related Trends
U.S. Granted Utility Patents Originating in Medford, OR (MSA)
PATENTCBSA132780
U.S. Granted Utility Patents Originating in Vance County, NC
PATENTCOUNTY37181
U.S. Granted Utility Patents Originating in Washington County, NE
PATENTCOUNTY31177
U.S. Granted Utility Patents Originating in Yalobusha County, MS
PATENTCOUNTY28161
U.S. Granted Utility Patents Originating in Springfield, OH (MSA)
PATENTCBSA144220
U.S. Granted Patents: Design Patents Originating in Qatar
PATENT4NQADESIGN
Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Thailand (PATENT4NTHPLANT), retrieved from FRED.