U.S. Granted Patents: Reissue Patents Originating in All U.S. and Foreign Regions
PATENTALLALLREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
576.00
Year-over-Year Change
-10.97%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in All U.S. and Foreign Regions' trend measures the total number of reissue patents granted in the U.S. to inventors from both domestic and international sources. This data provides insights into the rate of technological innovation and intellectual property activity.
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
Reissue patents are granted when the original patent contains an error or defect, allowing the inventor to correct and reissue the patent. This trend represents the total reissue patents granted, offering a window into the dynamics of the U.S. patent system and the global innovation landscape.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Economists and policymakers analyze this trend to understand trends in domestic and global innovation and technology transfer.
Key Facts
- Reissue patents account for a small fraction of total U.S. patents granted.
- The number of reissue patents has declined over the past decade.
- Foreign inventors account for a significant share of reissue patents in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of reissue patents granted by the U.S. Patent and Trademark Office, including those originating from both domestic and international inventors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the dynamics of the U.S. patent system and the global innovation landscape, as reissue patents represent a unique aspect of the intellectual property landscape.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office, the federal agency responsible for granting and administering patents in the United States.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to understand trends in domestic and global innovation, technology transfer, and the overall competitiveness of the U.S. patent system.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few months after the end of the reporting period. There may be revisions to historical data as the patent office processes additional applications.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in All U.S. and Foreign Regions (PATENTALLALLREISSUE), retrieved from FRED.