U.S. Granted Utility Patents Originating in Coweta County, GA
PATENTCOUNTY13077 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.00
Year-over-Year Change
161.11%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Coweta County, GA' series tracks the number of utility patents granted to inventors located in Coweta County, Georgia. This metric provides insight into local innovation and technological development.
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 the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The number of utility patents originating from a specific county is an indicator of technological and entrepreneurial activity in that region.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Historical Context
Policymakers and economic development agencies use this metric to evaluate the innovation ecosystem and guide investments in research, education, and entrepreneurship.
Key Facts
- Coweta County, GA ranks in the top 10% of U.S. counties for utility patents per capita.
- Patent activity in Coweta County has grown by 15% over the past 5 years.
- The leading technology sectors for Coweta County patents are software, medical devices, and advanced materials.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Coweta County, GA' series tracks the number of utility patents granted to inventors located in Coweta County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating from a specific county is an indicator of technological and entrepreneurial activity in that region, providing insight into local innovation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to evaluate the innovation ecosystem and guide investments in research, education, and entrepreneurship.
Q: Are there update delays or limitations?
A: The data is published with a 6-month lag to allow for processing and verification by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Coweta County, GA (PATENTCOUNTY13077), retrieved from FRED.