U.S. Granted Utility Patents Originating in San Mateo County, CA
PATENTCOUNTY06081 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,985.00
Year-over-Year Change
141.08%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in San Mateo County, CA' trend measures the number of utility patents granted to inventors residing in San Mateo County, California. This metric provides insight into the 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 patent granted for new and useful inventions, processes, or improvements. The number of utility patents originating in a specific county reflects the innovative capacity and intellectual property creation within that local economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economists use this trend to assess the competitiveness and technological leadership of different regions.
Key Facts
- San Mateo County had over 3,000 utility patents granted in 2021.
- The county accounts for 5% of all utility patents originating in California.
- Technology hubs like Silicon Valley drive the high level of patenting activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors residing in San Mateo County, California. Utility patents cover new and useful inventions, processes, or improvements.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating in a region is a key indicator of local innovative capacity and technological leadership. This metric is closely watched by policymakers, economists, and industry analysts.
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 and economists use this trend to assess the competitiveness and technological strengths of different regions, informing economic development strategies and investments.
Q: Are there update delays or limitations?
A: The patent data is typically released with a 1-2 year lag, so the most recent figures may not reflect the current state of innovation in the region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Mateo County, CA (PATENTCOUNTY06081), retrieved from FRED.