U.S. Granted Utility Patents Originating in Johnson County, KY

PATENTCOUNTY21115 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Johnson County, KY' tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that have inventors residing in Johnson County, Kentucky. This metric provides insight into regional 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 protect new, useful, and non-obvious inventions. Tracking patents originating from a specific county offers a quantitative view of the local innovation ecosystem and capacity for technological advancement. Policymakers and economic developers can use this data to evaluate the competitiveness and commercial potential of a region.

Methodology

The data is collected directly from U.S. Patent and Trademark Office records.

Historical Context

This patent metric is used to assess regional innovation and guide economic development policies.

Key Facts

  • Johnson County, KY is a rural county in eastern Kentucky.
  • Patent activity is a leading indicator of local innovation and R&D.
  • Utility patents protect functional inventions, not just designs.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that have inventors residing in Johnson County, Kentucky.

Q: Why is this trend relevant for users or analysts?

A: Monitoring patent activity provides insight into the innovation capacity and technological development of a specific region, which is valuable information for policymakers, economic developers, and industry analysts.

Q: How is this data collected or calculated?

A: The data is collected directly from U.S. Patent and Trademark Office records.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies can use this patent data to evaluate the competitiveness and commercial potential of a region, informing strategies to support innovation and entrepreneurship.

Q: Are there update delays or limitations?

A: The patent data may have a delay of several months between the time a patent is granted and when it is reflected in the published statistics.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Johnson County, KY (PATENTCOUNTY21115), retrieved from FRED.