U.S. Granted Utility Patents Originating in Harrison County, IA
PATENTCOUNTY19085 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Harrison County, IA' metric tracks the number of utility patents granted annually by the U.S. Patent and Trademark Office (USPTO) to inventors located in Harrison County, Iowa.
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 intellectual property right granted to new, useful, and non-obvious inventions. This county-level metric provides insight into the innovation and entrepreneurial activity within a specific geographic area over time.
Methodology
The data is collected by the USPTO from patent application records.
Historical Context
Policymakers and economic development agencies may use this indicator to evaluate the innovative capacity and knowledge economy of Harrison County, Iowa.
Key Facts
- Harrison County, IA accounted for 0.02% of total U.S. utility patents in 2021.
- Utility patent grants in Harrison County peaked at 18 in 2017.
- The 10-year average number of utility patents originating in Harrison County is 12 per year.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted annually by the U.S. Patent and Trademark Office to inventors located in Harrison County, Iowa.
Q: Why is this trend relevant for users or analysts?
A: Utility patent counts provide insight into the innovative capacity and entrepreneurial activity within a specific geographic area over time, which is useful for policymakers and economic development agencies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office from patent application records.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies may use this indicator to evaluate the knowledge economy and innovation potential of Harrison County, Iowa.
Q: Are there update delays or limitations?
A: The data is subject to the processing timelines of the U.S. Patent and Trademark Office, which may result in some delay between patent issuance and inclusion in this metric.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Harrison County, IA (PATENTCOUNTY19085), retrieved from FRED.