U.S. Granted Patents: Total Patents Originating in Austria
PATENT4NATTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,608.00
Year-over-Year Change
180.14%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Austria' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Austria. This metric provides insight into cross-border innovation and economic competitiveness.
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 total number of utility patents, design patents, and plant patents granted to Austrian applicants by the U.S. patent office. It serves as an indicator of technology transfer, research collaboration, and the global market share of Austrian innovation.
Methodology
The data is collected directly from the official records of the U.S. Patent and Trademark Office.
Historical Context
This patent data is closely monitored by policymakers, trade organizations, and economic analysts to assess Austria's technological competitiveness and integration within global supply chains.
Key Facts
- Austria ranked 15th globally for total U.S. patents granted in 2021.
- The number of U.S. patents originating in Austria has grown by 23% over the past decade.
- Electrical engineering is the largest technology field for Austrian U.S. patent holders.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Austria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the global innovation and technological competitiveness of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected directly from the official records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers, trade organizations, and economic analysts closely monitor this patent data to assess Austria's technological competitiveness and integration within global supply chains.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be a lag of several months between the patent grant date and the inclusion in this dataset.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Austria (PATENT4NATTOTAL), retrieved from FRED.