U.S. Granted Patents: Design Patents Originating in Cuba
PATENT4NCUDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Cuba' trend measures the number of design patents granted by the U.S. Patent and Trademark Office to Cuban inventors and companies. This metric is a key indicator of technological innovation and economic competitiveness between Cuba and the United States.
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. Tracking design patents originating in Cuba provides insights into the level of Cuban innovation and its integration with global markets, which is relevant for policymakers and economists analyzing trade and technological change.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its administrative patent records.
Historical Context
Policymakers and analysts use this metric to assess Cuba's participation in international innovation and trade networks.
Key Facts
- Cuba has received over 300 U.S. design patents since 1963.
- Design patents account for around 15% of total U.S. patents granted to Cuban inventors.
- The number of Cuban design patents has risen steadily in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors and companies originating in Cuba.
Q: Why is this trend relevant for users or analysts?
A: Tracking Cuban design patents provides insights into the country's technological innovation and competitiveness in global markets, which is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its administrative patent records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Cuba's participation in international innovation and trade networks.
Q: Are there update delays or limitations?
A: The data is subject to the normal processing timelines of the U.S. Patent and Trademark Office, which may result in slight delays in reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Cuba (PATENT4NCUDESIGN), retrieved from FRED.