U.S. Granted Utility Patents Originating in De Soto Parish, LA
This dataset tracks u.s. granted utility patents originating in de soto parish, la over time.
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in De Soto Parish, LA' metric tracks the number of utility patents granted to inventors residing in De Soto Parish, Louisiana. This data provides insights into the innovative activity and intellectual property development within the local economy.
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 represent inventions, products, or processes that are new, useful, and non-obvious. Tracking the number of utility patents originating from a specific geographic area offers economists and policymakers a gauge of technological progress, entrepreneurship, and economic competitiveness within that region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric helps inform regional economic development policies and assessments of innovation clusters.
Key Facts
- De Soto Parish is located in northwestern Louisiana.
- Utility patents account for the majority of all U.S. patents granted.
- Trends in patenting activity can signal shifts in a region's technological capabilities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors residing in De Soto Parish, Louisiana. Utility patents represent new, useful, and non-obvious inventions, products, or processes.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent activity in a specific geographic area provides insights into the region's innovative capacity, technological progress, and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric helps inform regional economic development policies and assessments of innovation clusters.
Q: Are there update delays or limitations?
A: The data may have a delay of several months between the patent grant date and public reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in De Soto Parish, LA (PATENTCOUNTY22031), retrieved from FRED.