U.S. Granted Utility Patents Originating in Sevier County, TN

PATENTCOUNTY47155 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.00

Year-over-Year Change

16.67%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Sevier County, TN' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Sevier County, Tennessee.

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 patent data provides insights into the innovation and technological activity occurring within a specific local economy. It is used by economists, policymakers, and regional development agencies to understand trends in entrepreneurship, R&D investment, and the competitiveness of a local area.

Methodology

The data is collected through the official patent application and granting process administered by the U.S. Patent and Trademark Office.

Historical Context

This metric helps inform regional economic development strategies and policies aimed at fostering innovation and technology-driven growth.

Key Facts

  • Sevier County, TN is home to many technology and manufacturing firms.
  • Patent activity is a key indicator of local entrepreneurship and R&D.
  • The number of patents originating in Sevier County has grown steadily in recent years.

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 were filed by inventors residing in Sevier County, Tennessee.

Q: Why is this trend relevant for users or analysts?

A: This patent data provides insights into the innovation and technological activity occurring within the Sevier County economy, which is useful for understanding entrepreneurship, R&D investment, and regional competitiveness.

Q: How is this data collected or calculated?

A: The data is collected through the official patent application and granting process administered by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: This metric helps inform regional economic development strategies and policies aimed at fostering innovation and technology-driven growth in Sevier County and similar local economies.

Q: Are there update delays or limitations?

A: The patent data may have a several-month delay due to the time required to process and publish new patent grants.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Sevier County, TN (PATENTCOUNTY47155), retrieved from FRED.