U.S. Granted Patents: Plant Patents Originating in Venezuela

PATENT4NVEPLANT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1992 - 1/1/2020

Summary

The 'U.S. Granted Patents: Plant Patents Originating in Venezuela' trend measures the number of plant patents granted to inventors located in Venezuela by the United States Patent and Trademark Office (USPTO). This metric provides insight into innovation and technological development in Venezuela's agricultural and botanical sectors.

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 data series tracks the number of U.S. plant patents issued to inventors from Venezuela. Plant patents protect new and distinct varieties of asexually reproduced plants. Monitoring this trend can indicate the level of innovation and commercial activity in Venezuela's horticultural and agricultural industries.

Methodology

The data is collected by the USPTO through its patent application and granting process.

Historical Context

This metric is used by economists, policymakers, and industry analysts to assess Venezuela's scientific and technological capabilities in plant-based research and development.

Key Facts

  • Plant patents protect new plant varieties.
  • Venezuela is a major agricultural producer.
  • U.S. patent grants indicate global competitiveness.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of U.S. plant patents granted to inventors located in Venezuela. Plant patents protect new and distinct varieties of asexually reproduced plants.

Q: Why is this trend relevant for users or analysts?

A: Monitoring this trend provides insight into innovation and technological development in Venezuela's agricultural and botanical sectors, which are important for the country's economy.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.

Q: How is this trend used in economic policy?

A: This metric is used by economists, policymakers, and industry analysts to assess Venezuela's scientific and technological capabilities in plant-based research and development.

Q: Are there update delays or limitations?

A: The data is subject to the typical delays associated with the patent application and granting process.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Venezuela (PATENT4NVEPLANT), retrieved from FRED.