U.S. Granted Utility Patents Originating in Knox County, MO
PATENTCOUNTY29103 • 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, MO' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Knox County, Missouri.
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 innovative activity and technological development occurring within a specific county. Tracking patent grants over time can help analysts and policymakers understand regional trends in research, entrepreneurship, and economic competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the geographic location of the first-named inventor on each granted utility patent.
Historical Context
Patent activity is a key indicator of technological progress and innovative capacity, which are important factors in economic growth and development.
Key Facts
- Knox County, MO is a rural county with a population under 4,000.
- The number of utility patents originating in Knox County averaged 2 per year from 2010-2020.
- Nationwide, over 300,000 utility patents are granted annually by the U.S. Patent and Trademark Office.
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 originated from inventors located in Knox County, Missouri.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity in a specific county provides insights into the level of innovative and technological development occurring in that regional economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the geographic location of the first-named inventor on each granted utility patent.
Q: How is this trend used in economic policy?
A: Patent activity is an important indicator used by economists, policymakers, and market analysts to assess regional competitiveness and innovative capacity.
Q: Are there update delays or limitations?
A: There can be a several-month delay in the reporting of patent grant data by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Knox County, MO (PATENTCOUNTY29103), retrieved from FRED.