U.S. Granted Patents: Total Patents Originating in China
PATENT4NCNTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,845.00
Year-over-Year Change
1332.50%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in China' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from applicants in China. This provides insight into the innovation and technological development in China.
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 tracks the flow of intellectual property and technological innovation between China and the United States. It is used by policymakers, economists, and businesses to assess China's growing role in the global innovation ecosystem.
Methodology
The data is collected through the official patent application and granting process of the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding trade dynamics, technology transfer, and the competitive landscape between the world's two largest economies.
Key Facts
- China has been the top source of foreign patent applications to the U.S. since 2015.
- The number of Chinese patents granted in the U.S. has increased over 10-fold since 2008.
- China now accounts for over 1 in 3 patents granted by the U.S. to foreign entities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originate from applicants based in China.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the growth of Chinese innovation and technological capabilities, which is crucial for understanding trade dynamics, technology transfer, and the competitive landscape between the U.S. and China.
Q: How is this data collected or calculated?
A: The data is collected through the official patent application and granting process of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and businesses to assess China's growing role in the global innovation ecosystem and its implications for trade, investment, and technological competition.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of this data due to the administrative processing of patent applications, but the U.S. Federal Reserve strives to provide the most up-to-date information available.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in China (PATENT4NCNTOTAL), retrieved from FRED.