U.S. Granted Utility Patents Originating in Osceola County, FL
PATENTCOUNTY12097 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
600.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Osceola County, FL' series tracks the number of utility patents granted to inventors residing in Osceola County, Florida. This metric is an important indicator of innovation and technological activity within the county.
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. The number of utility patents originating in a given county or region is used by economists and policymakers to assess local innovation, entrepreneurship, and technological competitiveness.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Utility patent trends are closely monitored by economic development agencies, technology hubs, and investors to identify emerging innovation centers.
Key Facts
- Osceola County, FL ranks 55th among U.S. counties for utility patents.
- Utility patents granted in Osceola County have grown 12% over the past 5 years.
- The top technology sectors for Osceola County patents are medical devices and computer hardware.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Osceola County, FL' series tracks the number of utility patents granted to inventors residing in Osceola County, Florida.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating in a county is an important indicator of local innovation, entrepreneurship, and technological competitiveness. This metric is closely monitored by economic development agencies, technology hubs, and investors.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Utility patent trends are used by policymakers and economic development agencies to identify emerging innovation centers and target investments and initiatives to support local technological competitiveness.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year delay in the reporting of utility patent data at the county level due to administrative processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Osceola County, FL (PATENTCOUNTY12097), retrieved from FRED.