U.S. Granted Patents: Plant Patents Originating in Brazil
PATENT4NBRPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Brazil' series tracks the number of plant patents granted by the U.S. Patent and Trademark Office to inventors located in Brazil. This data provides insights into innovative activity and technological exchange between the two countries.
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 protect new and distinct plant varieties, promoting agricultural innovation. The Brazil-originating plant patent data offers a window into the exchange of plant-based technologies between the U.S. and Brazil, which are both major agricultural producers and exporters.
Methodology
The data is collected directly from U.S. patent records by the Federal Reserve Economic Data (FRED) team.
Historical Context
Policy analysts and trade experts monitor trends in cross-border patent activity to understand innovation dynamics and commercial relationships.
Key Facts
- Brazil is one of the top 5 countries for U.S. plant patents.
- Plant patents cover new plant varieties, not manufacturing processes.
- The data tracks granted patents, not applications.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of plant patents granted by the U.S. to inventors located in Brazil. Plant patents protect new and distinct plant varieties.
Q: Why is this trend relevant for users or analysts?
A: The Brazil-originating plant patent data offers insights into the exchange of plant-based technologies between the U.S. and Brazil, two major agricultural producers and exporters.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent records by the Federal Reserve Economic Data (FRED) team.
Q: How is this trend used in economic policy?
A: Policy analysts and trade experts monitor trends in cross-border patent activity to understand innovation dynamics and commercial relationships between countries.
Q: Are there update delays or limitations?
A: The data tracks granted patents, not applications, so there may be lags between invention and the availability of this data.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Brazil (PATENT4NBRPLANT), retrieved from FRED.