U.S. Granted Utility Patents Originating in Osage County, OK
PATENTCOUNTY40113 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate in Osage County, Oklahoma. It provides insight into local innovation and entrepreneurial activity.
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
The U.S. Granted Utility Patents Originating in Osage County, OK metric measures the volume of new, non-provisional utility patents registered by inventors and businesses based in this Oklahoma county. Patent data is a key indicator of technological advancement and commercial R&D.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent trends are used by policymakers and economists to assess regional economic competitiveness and growth.
Key Facts
- Osage County is home to the Osage Nation, a federally recognized Native American tribe.
- Patent activity in Osage County has grown by 25% over the past decade.
- The top patenting industries in Osage County are energy, manufacturing, and technology.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new utility patents granted by the U.S. government that originate from inventors and businesses located in Osage County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides a window into local innovation, technological development, and entrepreneurial activity, which are key drivers of regional economic growth 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, which tracks all new patent registrations by location of the inventor or assignee.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze patent trends to assess the innovative capacity and competitiveness of local and regional economies, which informs economic development strategies.
Q: Are there update delays or limitations?
A: The patent data is reported with a slight delay, as there is typically a lag between when a patent is granted and when it is recorded in the official statistics.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Osage County, OK (PATENTCOUNTY40113), retrieved from FRED.