U.S. Granted Patents: Reissue Patents Originating in Maryland
PATENTUSMDREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-33.33%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in Maryland' trend measures the number of reissue patents granted by the U.S. Patent and Trademark Office that originated in the state of Maryland. This metric is important for analyzing regional innovation and technological development.
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. Tracking the number of reissue patents originating in Maryland provides insights into the state's technological innovation and patenting activity compared to other regions.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the number of reissue patents granted with a Maryland origin.
Historical Context
Policymakers and researchers use this trend to evaluate Maryland's contribution to U.S. technological advancement and competitiveness.
Key Facts
- Maryland accounted for 1.2% of all U.S. reissue patents in 2021.
- Reissue patents represented 1.5% of total patents granted in Maryland in the past decade.
- The number of reissue patents originating in Maryland has increased by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of reissue patents granted by the U.S. Patent and Trademark Office that originated in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Tracking reissue patents originating in Maryland provides insights into the state's technological innovation and patenting activity compared to other regions, which is important for analyzing regional competitiveness and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and represents the number of reissue patents granted with a Maryland origin.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to evaluate Maryland's contribution to U.S. technological advancement and competitiveness, which can inform economic development strategies and innovation policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Patent and Trademark Office's patent granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in Maryland (PATENTUSMDREISSUE), retrieved from FRED.