U.S. Granted Utility Patents Originating in Prairie County, AR
This dataset tracks u.s. granted utility patents originating in prairie county, ar over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents originating in Prairie County, Arkansas. It provides insights into regional innovation and technological development in the United States.
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 Prairie County, AR series tracks the total number of utility patents granted by the U.S. Patent and Trademark Office (USPTO) to inventors and businesses located in Prairie County, Arkansas. This data is used by economists and policymakers to analyze regional patterns of innovation and technological progress.
Methodology
The data is collected by the USPTO through the patent application and granting process.
Historical Context
Utility patent data is widely used to assess the innovative capacity and competitiveness of local and regional economies.
Key Facts
- Prairie County, AR had 25 utility patents granted in 2020.
- The number of utility patents originating in Prairie County has increased by 10% over the past 5 years.
- Utility patents represent new, non-obvious, and useful inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents originating from inventors and businesses located in Prairie County, Arkansas. Utility patents represent new, useful, and non-obvious inventions.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents granted in a region is an important indicator of local innovation and technological development. This data is used by economists and policymakers to assess the competitiveness and growth potential of regional economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office (USPTO) through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Utility patent data is used by policymakers, economic development agencies, and businesses to identify regions with high levels of innovation and technological activity. This information can inform decisions about infrastructure investment, talent attraction, and industry cluster development.
Q: Are there update delays or limitations?
A: There may be a lag of several months between when a patent is granted and when it is reflected in the published data. Additionally, the data only includes utility patents and does not cover other types of intellectual property, such as design or plant patents.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Prairie County, AR (PATENTCOUNTY05117), retrieved from FRED.