U.S. Granted Patents: Total Patents Originating in Turkey
PATENT4NTRTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
224.00
Year-over-Year Change
540.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Turkey' trend measures the total number of patents issued by the U.S. Patent and Trademark Office to inventors based in Turkey. This metric provides insight into the innovative capacity and technological development in Turkey.
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 patents granted to Turkish inventors and companies, which is an important indicator of a country's scientific research, technological advancement, and ability to commercialize new ideas. Monitoring patent data helps policymakers and economists assess a nation's competitive position and R&D investment.
Methodology
The data is collected through the official patent registration and granting process of the U.S. government.
Historical Context
Trends in U.S. patent grants to foreign countries are closely watched by trade and economic analysts to understand global innovation dynamics and technology transfer.
Key Facts
- Turkey ranked 18th globally for U.S. patent grants in 2021.
- Patent grants to Turkish inventors have grown over 50% in the past decade.
- Mechanical engineering and computer technology are top patenting fields for Turkey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents issued by the U.S. Patent and Trademark Office to inventors based in Turkey.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent data helps policymakers and economists assess a nation's scientific research, technological advancement, and ability to commercialize new ideas.
Q: How is this data collected or calculated?
A: The data is collected through the official patent registration and granting process of the U.S. government.
Q: How is this trend used in economic policy?
A: Trends in U.S. patent grants to foreign countries are closely watched by trade and economic analysts to understand global innovation dynamics and technology transfer.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and it only covers patents granted in the U.S., not the inventor's home country.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Turkey (PATENT4NTRTOTAL), retrieved from FRED.