U.S. Granted Utility Patents Originating in Roberts County, TX
This dataset tracks u.s. granted utility patents originating in roberts county, tx over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Roberts County, TX' measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Roberts County, Texas. This metric is a key indicator of innovative activity and technological advancement within the county.
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 the invention of a new and useful process, machine, manufacture, or composition of matter. The number of utility patents originating from a specific geographic area, like Roberts County, can provide insights into the region's economic competitiveness, entrepreneurship, and R&D investment.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Policymakers and economic development agencies use this data to assess the innovative capacity and technology-driven growth potential of local communities.
Key Facts
- Roberts County, TX has seen a steady increase in utility patents over the past decade.
- The county's patent activity is concentrated in the oil and gas, agriculture, and renewable energy sectors.
- National rankings of patent output can influence a region's reputation for innovation and attract investment.
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 Roberts County, Texas.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents in a region is a key indicator of innovative activity and technological advancement, which can provide insights into the area's economic competitiveness, entrepreneurship, and R&D investment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess the innovative capacity and technology-driven growth potential of local communities, which can inform economic development strategies and attract investment.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the U.S. Patent and Trademark Office, but there may be some delay in reporting due to the time required to process and aggregate the patent information by county.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Roberts County, TX (PATENTCOUNTY48393), retrieved from FRED.