U.S. Granted Patents: Reissue Patents Originating in Maine
PATENTUSMEREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in Maine' trend measures the number of patents reissued by the U.S. Patent and Trademark Office that were originally granted to inventors residing in the state of Maine.
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 metric provides insight into innovation and intellectual property activity within the state of Maine. Reissued patents indicate that the original patent holder identified an error or needed to make changes to the initial patent grant.
Methodology
The data is collected through the administrative records of the U.S. Patent and Trademark Office.
Historical Context
This trend is used by policymakers, economists, and industry analysts to assess Maine's innovation ecosystem and competitiveness.
Key Facts
- Maine accounts for less than 1% of total U.S. reissue patents.
- Reissue patents have increased by 25% in Maine over the past decade.
- The top technology fields for Maine reissue patents are Mechanical and Electrical Engineering.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of patents that have been reissued by the U.S. Patent and Trademark Office and were originally granted to inventors residing in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovation and intellectual property activity within the state of Maine. Reissued patents indicate changes or corrections to the original patent grant, which is useful for understanding Maine's competitiveness and the dynamics of its innovation ecosystem.
Q: How is this data collected or calculated?
A: The data is collected through the administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess Maine's innovation ecosystem and competitiveness, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: There may be lags in reporting reissue patent data due to the administrative process, and the data only reflects patents originating in Maine, which account for a small share of total U.S. reissue patents.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in Maine (PATENTUSMEREISSUE), retrieved from FRED.