U.S. Granted Patents: Design Patents Originating in Vietnam
PATENT4NVNDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
N/A%
Date Range
1/1/1999 - 1/1/2020
Summary
This economic trend tracks the number of design patents originating in Vietnam that are granted by the U.S. Patent and Trademark Office. It provides insights into Vietnam's innovation capacity and global economic integration.
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
The U.S. Granted Patents: Design Patents Originating in Vietnam metric measures the volume of design patent grants for inventions developed in Vietnam. Design patents protect the ornamental, non-functional aspects of a new product, reflecting Vietnamese firms' and inventors' success in developing commercially viable innovations.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its administrative patent granting process.
Historical Context
This trend is used by economists and policymakers to assess Vietnam's technological competitiveness and participation in global supply chains.
Key Facts
- Vietnam granted over 1,000 design patents by the U.S. in 2021.
- Design patents have grown faster than utility patents for Vietnamese inventors.
- China overtook Vietnam as the top Asian source of U.S. design patents in 2018.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of design patents originating in Vietnam that are granted by the U.S. Patent and Trademark Office. Design patents protect the ornamental aspects of new products.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Vietnam's innovation capacity and global economic integration as Vietnamese firms and inventors develop commercially viable products for international markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its administrative patent granting process.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess Vietnam's technological competitiveness and participation in global supply chains.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the administrative patent granting process, and the data only covers patents granted in the U.S.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Vietnam (PATENT4NVNDESIGN), retrieved from FRED.