U.S. Granted Patents: Plant Patents Originating in Canada
PATENT4NCAPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-10.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Canada' trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors residing in Canada. This data provides insights into innovation and technological advancement in the agricultural sector.
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 plant varieties that have been asexually reproduced. Analyzing this data can reveal trends in Canadian agricultural innovation and provide context for policymakers and researchers studying cross-border intellectual property flows.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
This metric is used by economists, policymakers, and market analysts to monitor Canada's participation in the U.S. plant patent system.
Key Facts
- Plant patents protect new plant varieties that are asexually reproduced.
- Canada is a major participant in the U.S. plant patent system.
- The data tracks innovation and technological advancement in the agricultural sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors residing in Canada.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data can reveal trends in Canadian agricultural innovation and provide context for policymakers and researchers studying cross-border intellectual property flows.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and market analysts to monitor Canada's participation in the U.S. plant patent system.
Q: Are there update delays or limitations?
A: The data may be subject to update delays due to the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Canada (PATENT4NCAPLANT), retrieved from FRED.