U.S. Granted Patents: Plant Patents Originating in Hawaii
PATENTUSHIPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Hawaii' series tracks the number of plant patents granted by the U.S. Patent and Trademark Office to inventors located in Hawaii. This metric provides insight into innovative activity and economic development in 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
Plant patents protect new and distinct varieties of plants that have been asexually reproduced. This data offers a window into agricultural innovation and technological progress within Hawaii's economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and review process.
Historical Context
Policymakers and agricultural economists monitor this trend to assess Hawaii's competitiveness in plant-based research and development.
Key Facts
- Hawaii leads the U.S. in plant patent grants per capita.
- Plant patents protect new varieties of crops, flowers, and ornamental plants.
- Patent activity is a leading indicator of R&D investment and economic dynamism.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of plant patents granted by the U.S. Patent and Trademark Office to inventors located in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: Plant patent data offers insights into Hawaii's agricultural innovation and technological progress, which are important indicators of economic development.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's patent application and review process.
Q: How is this trend used in economic policy?
A: Policymakers and agricultural economists monitor this trend to assess Hawaii's competitiveness in plant-based research and development.
Q: Are there update delays or limitations?
A: The data is published with a short lag as it relies on the patent review and granting process.
Related Trends
U.S. Granted Patents: Total Patents Originating in All U.S. and Foreign Regions
PATENTALLALLTOTAL
U.S. Granted Patents: Reissue Patents Originating in Israel
PATENT4NILREISSUE
U.S. Granted Patents: Utility Patents Originating in Indiana
PATENTUSINUTILITY
U.S. Granted Utility Patents Originating in Sarasota County, FL
PATENTCOUNTY12115
U.S. Granted Utility Patents Originating in Washington County, NE
PATENTCOUNTY31177
U.S. Granted Utility Patents Originating in Scranton--Wilkes-Barre, PA (MSA)
PATENTCBSA142540
Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Hawaii (PATENTUSHIPLANT), retrieved from FRED.