U.S. Granted Patents: Total Patents Originating in Kansas
This dataset tracks u.s. granted patents: total patents originating in kansas over time.
Latest Value
905.00
Year-over-Year Change
66.67%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Kansas' measures the total number of patents granted by the U.S. Patent and Trademark Office that originate from the state of Kansas. This metric is important for understanding regional innovation and entrepreneurial activity within 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 volume of patents granted to inventors and companies based in the state of Kansas. It provides insight into the innovation ecosystem and technological development occurring within the Kansas economy. Analysts use this data to assess regional competitiveness and the commercial impact of research and development.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office based on the state of origin for each granted patent.
Historical Context
Policy makers and economic development agencies use this data to benchmark Kansas's innovation performance and guide strategies to support entrepreneurs and technology-driven industries.
Key Facts
- Kansas was granted 1,789 patents in 2021.
- Patents originating in Kansas have grown by 7.2% annually over the past decade.
- The top patenting industries in Kansas are aerospace, agriculture, and advanced manufacturing.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of patents granted by the U.S. Patent and Trademark Office that originate from the state of Kansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovation and entrepreneurial activity occurring within the Kansas economy, which is relevant for assessing regional competitiveness and the commercial impact of research and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on the state of origin for each granted patent.
Q: How is this trend used in economic policy?
A: Policy makers and economic development agencies use this data to benchmark Kansas's innovation performance and guide strategies to support entrepreneurs and technology-driven industries.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within 2-3 months of the end of each reporting period.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Kansas (PATENTUSKSTOTAL), retrieved from FRED.