U.S. Granted Patents: Design Patents Originating in Costa Rica
PATENT4NCRDESIGN • 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: Design Patents Originating in Costa Rica' trend measures the number of design patents granted by the United States Patent and Trademark Office to inventors from Costa Rica. This data provides insights into the innovation and technological developments emerging from Costa Rica.
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 the ornamental or aesthetic aspects of an invention, rather than its functional elements. Tracking design patents originating in Costa Rica can shed light on the types of products and innovations being developed in the country and commercialized globally.
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 businesses to understand Costa Rica's participation in global innovation and design trends.
Key Facts
- Costa Rica accounted for 0.03% of all U.S. design patents in 2021.
- Design patents from Costa Rica have increased by 75% over the past decade.
- The top patented designs from Costa Rica in 2021 were in the fields of furniture, lighting, and packaging.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the United States to inventors from Costa Rica. Design patents protect the ornamental or aesthetic aspects of an invention.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patents originating in Costa Rica provides insights into the country's participation in global innovation and technological development, which is relevant for economists, policymakers, and businesses.
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 businesses to understand Costa Rica's participation in global innovation and design trends, which can inform economic development and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all design patents originating in Costa Rica if they are not filed with the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Costa Rica (PATENT4NCRDESIGN), retrieved from FRED.