U.S. Granted Patents: Reissue Patents Originating in California
PATENTUSCAREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
9.59%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in California' series tracks the number of reissued patents granted by the U.S. Patent and Trademark Office that originated in the state of California. This metric provides insight into innovative activity and intellectual property trends in the country's largest state economy.
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
Reissue patents are granted when the original patent contains an error or defect, allowing the inventor to correct it. Tracking California's share of reissued patents offers a unique perspective on the state's role in the national innovation landscape and can signal broader shifts in U.S. technological development.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on patent application records.
Historical Context
Policymakers and market analysts monitor this series to assess the competitiveness and dynamism of California's innovation ecosystem.
Key Facts
- California accounts for the most reissued patents of any U.S. state.
- Reissue patents make up around 1% of total U.S. patents granted annually.
- The number of reissued patents originating in California has risen steadily in recent decades.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of reissued patents granted by the U.S. Patent and Trademark Office that originated in the state of California.
Q: Why is this trend relevant for users or analysts?
A: Monitoring California's share of reissued patents offers insights into the state's role in national innovation and technological development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on patent application records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess the competitiveness and dynamism of California's innovation ecosystem.
Q: Are there update delays or limitations?
A: The data is subject to the regular reporting schedule of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in California (PATENTUSCAREISSUE), retrieved from FRED.