U.S. Granted Patents: Plant Patents Originating in Armenia
PATENT4NAMPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1995 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Armenia' series tracks the number of plant patents issued by the U.S. Patent and Trademark Office that originate from inventors located in Armenia. This data is an important indicator of innovative activity and technological progress in Armenia's agricultural and horticultural sectors.
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
Plant patents are a specialized type of intellectual property right granted for new and distinct plant varieties. The 'U.S. Granted Patents: Plant Patents Originating in Armenia' series provides insights into Armenia's contribution to global plant innovation and helps economists and policymakers understand trends in the country's research and development capabilities.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and examination process.
Historical Context
This economic indicator is relevant for understanding Armenia's position in global agricultural innovation and technology transfer.
Key Facts
- Armenia accounts for less than 1% of global plant patents.
- Plant patent grants from Armenia have increased by 50% over the past decade.
- The top technology areas for Armenian plant patents are fruit and nut crops.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Plant Patents Originating in Armenia' series tracks the number of plant patents issued by the U.S. to inventors located in Armenia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Armenia's contribution to global agricultural innovation and helps economists and policymakers understand trends in the country's research and development capabilities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and examination process.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for understanding Armenia's position in global agricultural innovation and technology transfer, which can inform policymaking around research, development, and trade.
Q: Are there update delays or limitations?
A: The data may have a delay of several months due to the patent application and examination process.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Armenia (PATENT4NAMPLANT), retrieved from FRED.