U.S. Granted Patents: Utility Patents Originating in Vanuatu
PATENT4NVUUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2017
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Vanuatu' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office to inventors from the Pacific island nation of Vanuatu. This data point is of interest to economists studying global innovation trends and intellectual property flows.
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 a type of patent granted for new and useful inventions, processes, or improvements. This series specifically measures utility patents originating from the small island country of Vanuatu, providing insight into its participation in the global innovation ecosystem.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published as part of its patent statistics.
Historical Context
Trends in U.S. patents granted to Vanuatu inventors can inform analyses of that country's economic development, technological capabilities, and integration with international markets.
Key Facts
- Vanuatu is a small island nation in the South Pacific.
- The U.S. granted 7 utility patents to Vanuatu inventors in 2021.
- Vanuatu's patent output is low compared to larger economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors originating from the Pacific island nation of Vanuatu.
Q: Why is this trend relevant for users or analysts?
A: Tracking patents granted to Vanuatu provides insights into the country's participation in global innovation and technological development, which can inform analyses of its economic progress and integration with international markets.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent office records.
Q: How is this trend used in economic policy?
A: Trends in U.S. patents granted to Vanuatu can help policymakers and economists assess the country's technological capabilities, innovation ecosystem, and integration with the global economy.
Q: Are there update delays or limitations?
A: There may be delays in publishing the latest patent data, and the series only covers utility patents originating from Vanuatu, not other types of intellectual property.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Vanuatu (PATENT4NVUUTILITY), retrieved from FRED.