U.S. Granted Utility Patents Originating in Boston-Cambridge-Quincy, MA-NH (MSA)
PATENTCBSA114460 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,949.00
Year-over-Year Change
71.69%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors originating from the Boston-Cambridge-Quincy, MA-NH metropolitan statistical area (MSA). It provides insight into the region's innovation and technological development.
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 key indicator of technological innovation. This series tracks the number of utility patents granted to inventors located within the Boston-Cambridge-Quincy MSA, a major hub of scientific research and development. It is used by economists and policymakers to assess the region's competitiveness and capacity for innovation.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric informs discussions around supporting research, development, and entrepreneurship in the Boston metro area.
Key Facts
- Boston ranks among the top U.S. cities for patent activity.
- The Boston MSA accounts for over 10% of total U.S. utility patents.
- Patent grants in the region have grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors located within the Boston-Cambridge-Quincy metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovation and technological development capabilities of the Boston region, which is a major hub for research, entrepreneurship, and high-tech industries.
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: This trend informs discussions around supporting research, development, and entrepreneurship in the Boston metro area, which is critical for driving regional economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and any delays of the U.S. Patent and Trademark Office.
Related Trends
U.S. Granted Patents: Total Patents Originating in Afghanistan
PATENT4NAFTOTAL
U.S. Granted Utility Patents Originating in Lewis County, WV
PATENTCOUNTY54041
U.S. Granted Utility Patents Originating in Muskingum County, OH
PATENTCOUNTY39119
U.S. Granted Patents: Design Patents Originating in the Democratic Republic of the Congo
PATENT4NCDDESIGN
U.S. Granted Patents: Reissue Patents Originating in Bosnia and Herzegovina
PATENT4NBAREISSUE
U.S. Granted Utility Patents Originating in Stephens County, TX
PATENTCOUNTY48429
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Boston-Cambridge-Quincy, MA-NH (MSA) (PATENTCBSA114460), retrieved from FRED.