U.S. Granted Patents: Utility Patents Originating in Taiwan
PATENT4NTWUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,141.00
Year-over-Year Change
91.53%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Taiwan' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Taiwan. This data provides insights into innovation and technological development in Taiwan.
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 granted for new and useful inventions or discoveries. Tracking the volume of utility patents originating in Taiwan allows economists and policymakers to assess Taiwan's contribution to global innovation and competitiveness in key technology sectors.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This metric is used to inform economic and trade policy discussions between the U.S. and Taiwan.
Key Facts
- Taiwan was the 6th largest source of U.S. utility patents in 2021.
- U.S. utility patents granted to Taiwanese inventors have increased over 5-fold since 2000.
- Taiwan accounts for over 4% of total U.S. utility patents granted.
FAQs
Q: What does this economic trend measure?
A: This metric measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Taiwan.
Q: Why is this trend relevant for users or analysts?
A: Tracking Taiwan's contribution to U.S. utility patents provides insights into its technological innovation and competitiveness on the global stage.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's patent granting process.
Q: How is this trend used in economic policy?
A: This metric informs discussions around U.S.-Taiwan economic and trade policy, as it reflects Taiwan's technological capabilities and innovation.
Q: Are there update delays or limitations?
A: The data is published regularly with typical lags for patent processing and reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Taiwan (PATENT4NTWUTILITY), retrieved from FRED.