U.S. Granted Patents: Utility Patents Originating in Alaska
PATENTUSAKUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.00
Year-over-Year Change
195.00%
Date Range
1/1/1992 - 1/1/2020
Summary
This trend measures the number of utility patents originating in the U.S. state of Alaska. It provides insight into the innovative activity and technological development within the state.
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. This series tracks the number of utility patents originating from inventors located in the state of Alaska, offering a window into the state's technological and entrepreneurial landscape.
Methodology
The data is collected and reported by the United States Patent and Trademark Office.
Historical Context
This trend is used by policymakers, researchers, and businesses to analyze regional innovation and economic growth patterns.
Key Facts
- Alaska accounts for less than 1% of total U.S. utility patents.
- Patent counts in Alaska have trended upward over the past decade.
- The top industries for Alaska-based utility patents include oil & gas, healthcare, and renewable energy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents originating from the U.S. state of Alaska. Utility patents are granted for new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the level of innovative activity and technological development within the state of Alaska, which can be informative for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the United States Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and businesses to analyze regional patterns of innovation and economic growth.
Q: Are there update delays or limitations?
A: There may be some delays in the reporting of this data, as it is dependent on the processing of patent applications by the USPTO.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Alaska (PATENTUSAKUTILITY), retrieved from FRED.