U.S. Granted Utility Patents Originating in Republic County, KS
PATENTCOUNTY20157 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Republic County, Kansas. It is an important indicator of technological innovation and entrepreneurial activity in the region.
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
The U.S. Granted Utility Patents Originating in Republic County, KS metric tracks the annual number of utility patents issued to inventors and companies based in that county. Utility patents protect new and useful inventions, so this data provides insights into the level of technological development and commercialization efforts in the local economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This patent data is widely used by economic analysts, policymakers, and regional development agencies to benchmark innovation and entrepreneurship trends.
Key Facts
- Republic County, KS had 15 utility patents granted in 2020.
- Patents per capita in Republic County are 50% below the national average.
- Patent activity in the county has declined by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Republic County, Kansas. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of technological innovation and entrepreneurship in a local economy. This data provides insights into the level of innovative and commercial activity in Republic County, KS.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers, regional development agencies, and economic analysts use this patent data to benchmark innovation and entrepreneurship trends, and to inform economic development strategies.
Q: Are there update delays or limitations?
A: There can be a 1-2 year delay in the publication of this patent data by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Republic County, KS (PATENTCOUNTY20157), retrieved from FRED.