U.S. Granted Utility Patents Originating in Dent County, MO
This dataset tracks u.s. granted utility patents originating in dent county, mo over time.
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Dent County, MO' trend tracks the number of utility patents issued by the U.S. Patent and Trademark Office that originate from the Dent County region of Missouri. This metric provides insight into local 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 are a type of patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The 'U.S. Granted Utility Patents Originating in Dent County, MO' data series monitors patents from this specific county, offering a localized view of inventive activity.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
This trend is useful for policymakers, economic development agencies, and market analysts seeking to understand regional innovation and entrepreneurship.
Key Facts
- Dent County is located in south-central Missouri.
- Utility patents account for the majority of all patents issued in the U.S.
- Patent data is a leading indicator of technological change and economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Dent County, MO' trend tracks the number of utility patents issued by the U.S. Patent and Trademark Office that originate from the Dent County region of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into local innovation and technological development, which is useful for policymakers, economic development agencies, and market analysts seeking to understand regional entrepreneurship and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economic development agencies to assess the innovative capacity and technological competitiveness of the Dent County region, informing decisions related to investment, workforce development, and entrepreneurship support.
Q: Are there update delays or limitations?
A: The data is published with a lag, as it takes time for the U.S. Patent and Trademark Office to process and report on newly issued patents. Additionally, the data only covers utility patents originating in Dent County, Missouri, and does not include other types of patents or innovation metrics.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Dent County, MO (PATENTCOUNTY29065), retrieved from FRED.