U.S. Granted Patents: Total Patents Originating in Burundi
PATENT4NBITOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Burundi' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office that originated from Burundi. This data provides insights into Burundi's innovation and technological development.
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 measures the level of intellectual property and innovation output from Burundi, as reflected by patents granted in the United States. The data is used by economists, policymakers, and analysts to assess Burundi's technological competitiveness and its integration into the global innovation ecosystem.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the country of origin for each granted patent.
Historical Context
Trends in U.S. patents originating from Burundi are closely monitored by international development organizations and trade agencies to gauge Burundi's economic progress and integration into the global knowledge economy.
Key Facts
- Burundi is a small, landlocked country in East Africa.
- The U.S. is a major destination for Burundian patent applications.
- Patent trends can signal Burundi's technological capabilities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of patents granted by the U.S. Patent and Trademark Office that originated from Burundi, providing insights into Burundi's innovation and technological development.
Q: Why is this trend relevant for users or analysts?
A: Trends in U.S. patents originating from Burundi are closely monitored by international development organizations and trade agencies to gauge the country's economic progress and integration into the global knowledge economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the country of origin for each granted patent.
Q: How is this trend used in economic policy?
A: This data is used by economists, policymakers, and analysts to assess Burundi's technological competitiveness and its integration into the global innovation ecosystem, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting by the U.S. Patent and Trademark Office, and it only reflects patents granted in the United States, which may not capture the full scope of Burundi's innovative activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Burundi (PATENT4NBITOTAL), retrieved from FRED.