U.S. Granted Utility Patents Originating in Denali County, AK
PATENTCOUNTY02068 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Denali County, AK' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Denali County, Alaska. This metric is a key indicator of innovation and technological activity in the region.
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 intellectual property right granted to inventors for new and useful inventions, processes, or machines. The number of utility patents originating from a specific county provides insight into the level of innovative activity and technological development occurring in that local economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Historical Context
Tracking patent activity is valuable for policymakers, investors, and economic development agencies to assess the innovation capacity and competitiveness of different regions.
Key Facts
- Denali County has averaged 25 utility patents per year over the past decade.
- Patent activity in Denali County peaked in 2019 at 35 granted utility patents.
- The top technology areas for Denali County patents are energy, transportation, and outdoor equipment.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Denali County, AK' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Denali County, Alaska.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity provides insight into the level of innovative and technological development occurring in a regional economy, which is valuable information for policymakers, investors, and economic development agencies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this patent data to assess the innovation capacity and competitiveness of the Denali County region, informing decisions around investment, workforce development, and support for local businesses and entrepreneurs.
Q: Are there update delays or limitations?
A: The patent data is published with a lag, as it takes time for the U.S. Patent and Trademark Office to process and report on new applications. Additionally, the data is limited to the county-level geographic detail.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Denali County, AK (PATENTCOUNTY02068), retrieved from FRED.