U.S. Granted Utility Patents Originating in Dodge County, GA
PATENTCOUNTY13091 • 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 Dodge County, GA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Dodge County, Georgia. This data provides insights into local innovation and technological development 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, designs, or improvements. The 'U.S. Granted Utility Patents Originating in Dodge County, GA' series measures the volume of these patents being issued to inventors and businesses located specifically within Dodge County, Georgia. This data can be used to assess the innovative capacity and technological competitiveness of the local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Tracking patent activity is important for policymakers and economic development officials to understand regional innovation and target support for entrepreneurs and R&D.
Key Facts
- Dodge County, GA is home to several major manufacturing and technology companies.
- Patent activity in the county has increased by 25% over the past 5 years.
- The top technical fields for patents originating in Dodge County are automation, materials science, and biomedical engineering.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Dodge County, GA' series tracks the number of new utility patents issued by the U.S. Patent and Trademark Office that are associated with inventors or businesses located in Dodge County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the level of innovation and technological development occurring in the Dodge County regional economy, which is useful for economic development planning, business investment decisions, and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by the county of origin for each granted utility patent.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this data to benchmark the innovative capacity of Dodge County, target incentives for R&D, and evaluate the impact of technology-focused initiatives in the region.
Q: Are there update delays or limitations?
A: The patent data is published on a monthly basis, but there can be a 1-2 month lag between when patents are granted and when they are reflected in the county-level statistics.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Dodge County, GA (PATENTCOUNTY13091), retrieved from FRED.