U.S. Granted Utility Patents Originating in Klamath County, OR
PATENTCOUNTY41035 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
500.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Klamath County, OR' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office (USPTO) to inventors residing in Klamath County, Oregon. This metric provides insight into regional 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 new and useful inventions, processes, or improvements. The 'U.S. Granted Utility Patents Originating in Klamath County, OR' series tracks the volume of these patents granted to inventors from a specific geographic area, which can indicate the level of entrepreneurship, R&D investment, and technological activity in that region.
Methodology
The data is collected by the USPTO through its patent application and examination process.
Historical Context
Policymakers and economic development organizations may use this metric to assess the innovative capacity and competitiveness of a local economy.
Key Facts
- Klamath County is located in south-central Oregon.
- The USPTO granted 52 utility patents to Klamath County inventors in 2021.
- Utility patents account for the majority of all patents issued by the USPTO.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Klamath County, OR' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Klamath County, Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of innovation and technological activity in the Klamath County region, which can be useful for policymakers, economic development organizations, and analysts studying regional competitiveness and entrepreneurship.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and examination process.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations may use this metric to assess the innovative capacity and competitiveness of the Klamath County economy, and to inform decisions around supporting entrepreneurship, R&D, and technological development in the region.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of patent data, as the USPTO's examination and issuance process can take several months. Additionally, the data only reflects patents originating from Klamath County and does not provide a comprehensive view of all innovative activity in the region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Klamath County, OR (PATENTCOUNTY41035), retrieved from FRED.