U.S. Granted Patents: Design Patents Originating in China
PATENT4NCNDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,399.00
Year-over-Year Change
734.47%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in China' trend tracks the number of design patents granted by the U.S. Patent and Trademark Office to inventors based in China. This metric provides insight into China's innovation activity and technology transfer between the world's two largest economies.
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
Design patents protect new, original, and ornamental designs for manufactured products. Monitoring this trend can help economists and policymakers assess China's technological competitiveness and the cross-border flow of intellectual property.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the reported country of origin for granted design patents.
Historical Context
This metric is used by analysts to gauge China's participation in the global innovation ecosystem and the commercial appeal of Chinese products in the United States.
Key Facts
- Chinese inventors received over 156,000 U.S. design patents in 2021.
- Design patents account for about 25% of all U.S. patents granted to Chinese applicants.
- The number of U.S. design patents issued to Chinese entities has grown by over 700% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of design patents granted by the U.S. Patent and Trademark Office to inventors based in China. Design patents protect new, original, and ornamental product designs.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric provides insight into China's innovation activity and technological competitiveness, as well as the flow of intellectual property between the world's two largest economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the reported country of origin for granted design patents.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to gauge China's participation in the global innovation ecosystem and the commercial appeal of Chinese products in the United States.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the end of the reference period. There are no known limitations to the reporting of this metric.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in China (PATENT4NCNDESIGN), retrieved from FRED.