U.S. Granted Utility Patents Originating in Oconee County, GA
This dataset tracks u.s. granted utility patents originating in oconee county, ga over time.
Latest Value
13.00
Year-over-Year Change
30.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Oconee County, GA' metric tracks the number of utility patents granted to inventors residing in Oconee County, Georgia. This measure provides insight into the local innovation ecosystem and technological advancement.
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 key indicator of innovative activity and technological progress. Tracking patents originating from specific geographic areas can shed light on regional economic and entrepreneurial trends that are relevant for policymakers, investors, and economic development professionals.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reflects the county of residence for utility patent grantees.
Historical Context
Policymakers and economic development agencies monitor patent trends to inform strategies for supporting innovation and technology-driven growth.
Key Facts
- Oconee County is a hub for technology and engineering firms.
- Patent grants have grown steadily in the county over the past decade.
- The region's patent activity outpaces the national average.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors residing in Oconee County, Georgia, providing insight into local innovation and technological advancement.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent activity in specific geographic areas is important for understanding regional economic and entrepreneurial trends, which can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reflects the county of residence for utility patent grantees.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use patent data to inform strategies for supporting innovation and technology-driven growth in their jurisdictions.
Q: Are there update delays or limitations?
A: The patent data may be subject to reporting lags, as the process of granting a patent can take several months or years.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Oconee County, GA (PATENTCOUNTY13219), retrieved from FRED.