U.S. Granted Utility Patents Originating in Baker County, OR
PATENTCOUNTY41001 • 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
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Baker County, Oregon. It provides insight into the innovative activity and technological developments taking place in this specific region.
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 Baker County, OR series is a measure of patent activity, which is often used as an indicator of innovation and technological progress. Economists and policymakers analyze this data to understand the local drivers of innovation and the competitiveness of a region's economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding the economic and innovative landscape of Baker County, Oregon, and can inform regional development policies and investment decisions.
Key Facts
- Baker County, OR accounts for a small fraction of total U.S. utility patents.
- Patent activity in the county has fluctuated over time.
- High-tech industries are a key driver of patent generation in the region.
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 originate from Baker County, Oregon. Utility patents protect new and useful inventions or improvements.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is often used as an indicator of innovation and technological progress within a region. Analyzing this data can provide insights into the competitiveness and economic development of Baker County, Oregon.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office, which tracks the geographic origin of granted utility patents.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this data to inform regional innovation and investment strategies, as well as to benchmark the county's performance against other areas.
Q: Are there update delays or limitations?
A: The data is published with some delay, as it takes time for the patent application and granting process. Additionally, the county-level granularity may limit the ability to draw broader conclusions about state or national trends.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Baker County, OR (PATENTCOUNTY41001), retrieved from FRED.