U.S. Granted Patents: Plant Patents Originating in Foreign Countries
PATENT4NALLPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
801.00
Year-over-Year Change
-0.74%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Foreign Countries' trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors based outside the United States. This data provides insight into global innovation and competitiveness in plant-based technologies.
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 economic indicator tracks the number of plant patents awarded to foreign applicants, offering insights into the international distribution of plant-based innovation. It is used by policymakers, economists, and industry analysts to assess the global competitive landscape for plant-related technologies and products.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding global competitiveness and innovation dynamics in plant-based industries and technologies.
Key Facts
- Plant patents account for a small fraction of total U.S. patents granted.
- China and Japan are the top two countries of origin for foreign plant patents.
- Plant patent grants have increased over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors based outside the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into global innovation and competitiveness in plant-based technologies, which is useful for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding global competitiveness and innovation dynamics in plant-based industries and technologies, which can inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the U.S. Patent and Trademark Office, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Foreign Countries (PATENT4NALLPLANT), retrieved from FRED.