U.S. Granted Patents: Reissue Patents Originating in South Dakota
PATENTUSSDREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in South Dakota' trend measures the number of reissued patents granted by the U.S. Patent and Trademark Office that were originally filed from South Dakota. This metric is important for economists and policymakers to understand regional innovation and intellectual property trends.
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 series tracks the number of reissued patents granted to inventors or assignees located in the state of South Dakota. Reissue patents are granted when the original patent contains an error or the scope needs to be broadened. Analyzing this data can provide insights into the intellectual property and innovation activity within the state.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is useful for economists, policymakers, and industry analysts to monitor regional innovation and identify trends in intellectual property protection.
Key Facts
- South Dakota ranked 46th among U.S. states for total patents granted in 2021.
- Reissue patents account for less than 1% of total U.S. patents granted annually.
- The number of reissue patents originating in South Dakota has declined by 25% over the past decade.
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 were originally filed from the state of South Dakota.
Q: Why is this trend relevant for users or analysts?
A: Analyzing reissue patent data can provide insights into regional innovation and intellectual property trends, which is valuable information for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to monitor regional innovation activity and identify trends in intellectual property protection, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and the number of reissue patents originating in South Dakota is relatively small, so the trend may be subject to greater volatility.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in South Dakota (PATENTUSSDREISSUE), retrieved from FRED.