U.S. Granted Utility Patents Originating in Lac Qui Parle County, MN
PATENTCOUNTY27073 • 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 Lac Qui Parle County, MN' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Lac Qui Parle County, Minnesota.
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 economic indicator provides insight into local innovation and technological development in Lac Qui Parle County, Minnesota. Utility patents represent legal protections for new and useful inventions, so this metric can signal the region's competitiveness and capacity for research and development.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office based on the inventor's county of residence.
Historical Context
Policymakers and economic development agencies can use this indicator to assess the innovative climate and technological strengths of specific local markets.
Key Facts
- Lac Qui Parle County ranked 87th nationally for utility patents in 2021.
- The county's patent output has grown by 12% over the past 5 years.
- Manufacturing and agriculture are key innovation sectors in Lac Qui Parle County.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Lac Qui Parle County, Minnesota.
Q: Why is this trend relevant for users or analysts?
A: Utility patents represent legal protections for new and useful inventions, so this indicator provides insight into local innovation and technological development in the county.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on the inventor's county of residence.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this indicator to assess the innovative climate and technological strengths of Lac Qui Parle County.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag by the U.S. Patent and Trademark Office.
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Burke County, GA
PATENTCOUNTY13033
U.S. Granted Utility Patents Originating in Kalamazoo County, MI
PATENTCOUNTY26077
U.S. Granted Patents: Total Patents Originating in the United Arab Emirates
PATENT4NAETOTAL
U.S. Granted Utility Patents Originating in Greene County, PA
PATENTCOUNTY42059
U.S. Granted Patents: Reissue Patents Originating in the Democratic Republic of the Congo
PATENT4NCDREISSUE
U.S. Granted Utility Patents Originating in Omaha-Council Bluffs, NE-IA (MSA)
PATENTCBSA136540
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Lac Qui Parle County, MN (PATENTCOUNTY27073), retrieved from FRED.