U.S. Granted Utility Patents Originating in Cape Girardeau County, MO
This dataset tracks u.s. granted utility patents originating in cape girardeau county, mo over time.
Latest Value
2.00
Year-over-Year Change
-71.43%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Cape Girardeau County, MO' trend measures the number of utility patents granted to inventors located in Cape Girardeau County, Missouri. 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
This series tracks the volume of utility patents originating from Cape Girardeau County, an important indicator of local inventiveness and technological leadership. Patent data serves as a key barometer for assessing the innovative capacity and competitiveness of regional economies.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the count of utility patents granted to inventors with a legal residence in Cape Girardeau County, Missouri.
Historical Context
Policymakers and economic development organizations use this metric to evaluate the innovation ecosystem and technological strengths of local communities.
Key Facts
- Cape Girardeau County had 17 utility patents granted in 2021.
- Patent activity in the county has grown by 8% over the past 5 years.
- The county ranks 3rd among Missouri counties for utility patents per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors located in Cape Girardeau County, Missouri. Utility patents are a key indicator of regional innovation and technological development.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides valuable insights into the innovative capacity and competitiveness of local economies. This metric is used by policymakers and economic development organizations to evaluate regional strengths and direct resources accordingly.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and represents the count of utility patents granted to inventors with a legal residence in Cape Girardeau County, Missouri.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this patent data to assess the innovation ecosystem and technological strengths of Cape Girardeau County. This information informs strategies to attract investment, support startups, and foster a culture of entrepreneurship.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of patent data, as the process of application, review, and issuance can take time. Additionally, the data only reflects utility patents and does not include other forms of intellectual property protection.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cape Girardeau County, MO (PATENTCOUNTY29031), retrieved from FRED.