U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Ohio
This dataset tracks u.s. granted utility patents originating in an undetermined statistical area in ohio over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted to inventors originating from unspecified statistical areas within the state of Ohio. It provides insights into innovation and technological development activities in Ohio's regional economies.
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 Utility Patents Originating in an Undetermined Statistical Area in Ohio measures the total number of utility patents issued to inventors whose location within Ohio could not be attributed to a specific metropolitan or micropolitan statistical area. This metric offers a broader view of Ohio's innovation ecosystem beyond major urban centers.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is used by policymakers, economists, and regional development analysts to understand broader patterns of technological progress and innovative capacity across Ohio's diverse localities.
Key Facts
- Ohio ranks among the top 10 U.S. states for total utility patents granted.
- Unattributed patents represent around 10% of Ohio's total utility patent activity.
- This trend has shown steady growth over the past decade, indicating increasing innovative capacity across the state.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of utility patents granted to inventors whose location within Ohio could not be attributed to a specific metropolitan or micropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into broader regional innovation and technological development patterns across Ohio, beyond just the state's major urban centers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and regional development analysts use this trend to understand innovation capacity and technological progress across Ohio's diverse localities.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and it may not capture all unattributed patents in Ohio due to reporting limitations.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Ohio (PATENTCBUSA000139), retrieved from FRED.