U.S. Granted Utility Patents Originating in Knox County, KY
PATENTCOUNTY21121 • 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 Knox County, KY' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors residing in Knox County, Kentucky.
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
This metric provides insight into the local innovation and technological activity in the Knox County, Kentucky region. It is used by economists, policymakers, and regional development organizations to assess entrepreneurship, research and development, and the competitiveness of the local economy.
Methodology
The data is collected directly from U.S. Patent and Trademark Office administrative records.
Historical Context
This trend is relevant for understanding regional economic performance and assessing the impact of innovation-focused policies.
Key Facts
- Knox County, KY generated 53 utility patents in 2021.
- Utility patent grants have increased by 12% in Knox County over the past 5 years.
- Patents originating in Knox County account for 0.2% of total U.S. utility patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors residing in Knox County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the local innovation and technological activity in the Knox County region, which is useful for assessing entrepreneurship, R&D, and regional economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office administrative records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding regional economic performance and assessing the impact of innovation-focused policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 6 months from the end of the reference period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Knox County, KY (PATENTCOUNTY21121), retrieved from FRED.