U.S. Granted Utility Patents Originating in Jefferson County, AR
PATENTCOUNTY05069 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Jefferson County, AR' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors or companies based in Jefferson County, Arkansas.
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
This metric provides insight into the innovative activity and technological development occurring in Jefferson County, which is an important economic indicator for the region. Policymakers and economists analyze patent data to assess regional innovation and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Patent data is widely used to track technological change and monitor the impact of policies that aim to promote innovation and entrepreneurship.
Key Facts
- Jefferson County, AR is home to several major research universities and technology companies.
- Patent grants are a leading indicator of new product development and technological advancement.
- The number of patents originating in a region can influence business investment and economic growth.
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 that originate from inventors or companies based in Jefferson County, Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Patent data is a key indicator of regional innovation and technological development, which are important factors for policymakers, investors, and economists in assessing economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use patent data to evaluate the impact of policies and programs aimed at promoting innovation, entrepreneurship, and economic development in specific regions.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of patent data due to the time required for the application and granting process, but the U.S. Patent and Trademark Office strives to provide timely and comprehensive data.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Jefferson County, AR (PATENTCOUNTY05069), retrieved from FRED.