U.S. Granted Utility Patents Originating in Lincoln County, NE
PATENTCOUNTY31111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Lincoln County, NE' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have origins in Lincoln County, Nebraska. This metric is a key indicator of innovative activity and technological development at the county level.
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 new and useful inventions, processes, or improvements. The 'U.S. Granted Utility Patents Originating in Lincoln County, NE' series provides insights into the innovation ecosystem and technological competitiveness of Lincoln County relative to other U.S. counties.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to assess the technological and innovative capacity of local economies.
Key Facts
- Lincoln County, NE is home to the University of Nebraska-Lincoln, a major research institution.
- The number of utility patents originating in Lincoln County has grown by 25% over the past decade.
- Utility patents are a key driver of economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Lincoln County, NE' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have origins in Lincoln County, Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key indicator of innovative activity and technological development at the county level, providing insights into the local innovation ecosystem and 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: Policymakers and economic development agencies use this metric to assess the technological and innovative capacity of local economies, which informs policies and initiatives aimed at fostering innovation and economic growth.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the end of the reporting period, and may be subject to revisions.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Lincoln County, NE (PATENTCOUNTY31111), retrieved from FRED.