U.S. Granted Patents: Total Patents Originating in Delaware
PATENTUSDETOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
358.00
Year-over-Year Change
1.42%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Delaware' measures the total number of patents granted by the U.S. Patent and Trademark Office that have their origin in the state of Delaware. This metric provides insight into the innovative activity and technological output of one of the key business hubs in the United States.
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 data series tracks the total number of patents granted to inventors and organizations based in the state of Delaware. It serves as an indicator of the innovation capacity and intellectual property development within the Delaware economy, which is home to many multinational corporations and startups.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported based on the state of origin for each granted patent.
Historical Context
Policymakers and economic analysts use this metric to assess the competitiveness and technological leadership of Delaware relative to other U.S. states.
Key Facts
- Delaware is home to many Fortune 500 company headquarters.
- The state has a highly educated workforce and supportive business environment.
- Patents originating in Delaware account for a small but significant share of total U.S. patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office that have their origin in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and technological output of the Delaware economy, which is an important business hub in the United States.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported based on the state of origin for each granted patent.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to assess the competitiveness and technological leadership of Delaware relative to other U.S. states.
Q: Are there update delays or limitations?
A: The data is reported with minimal delay, providing timely insights into Delaware's patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Delaware (PATENTUSDETOTAL), retrieved from FRED.