U.S. Granted Patents: Total Patents Originating in Bulgaria
PATENT4NBGTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.00
Year-over-Year Change
227.78%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Bulgaria' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Bulgaria. This provides insight into Bulgaria's innovation and technological capacity.
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 data series measures the total number of utility patents granted by the United States Patent and Trademark Office (USPTO) to inventors residing in Bulgaria. It serves as an indicator of Bulgaria's technological innovation and ability to produce patentable inventions with commercial or scientific value.
Methodology
The data is collected by the USPTO based on patent application filings and granted patents.
Historical Context
This metric is used by economists, policymakers, and market analysts to assess Bulgaria's innovative capacity and competitiveness within the global technology landscape.
Key Facts
- Bulgaria accounted for 0.1% of total U.S. patents granted in 2020.
- U.S. patent grants to Bulgarian inventors have increased by 50% over the past decade.
- Telecommunications is the top technology field for Bulgarian patent filings in the U.S.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Bulgaria's innovation capacity and technological competitiveness on the global stage.
Q: How is this data collected or calculated?
A: The data is collected directly from patent application filings and grants recorded by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Bulgaria's innovation performance and inform decisions around research, development, and technology policy.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of this data due to patent application and grant processing timelines.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Bulgaria (PATENT4NBGTOTAL), retrieved from FRED.