U.S. Granted Patents: Design Patents Originating in the United Arab Emirates
PATENT4NAEDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
1600.00%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic trend tracks the number of design patents originating in the United Arab Emirates that are granted by the U.S. Patent and Trademark Office. It provides insight into the innovation and technological development in the UAE.
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
Design patents protect the ornamental, non-functional aspects of an invention. Tracking the number of design patents originating in the UAE granted by the U.S. can indicate the level of design innovation and new product development occurring in the UAE.
Methodology
The data is collected by the U.S. Patent and Trademark Office.
Historical Context
This trend is used by economists and policymakers to assess UAE's integration into the global innovation ecosystem.
Key Facts
- The UAE was ranked 33rd globally for innovation in 2021.
- Design patents account for around 15% of all patents granted to UAE innovators.
- The number of design patents originating in the UAE has tripled over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: Tracking UAE's design patent activity provides insight into the country's level of innovation and new product development, which is important for assessing its global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate the UAE's integration into the global innovation ecosystem and to inform policies that support technology development and commercialization.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in reporting the latest patent data due to administrative processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in the United Arab Emirates (PATENT4NAEDESIGN), retrieved from FRED.