U.S. Granted Patents: Total Patents Originating in Ethiopia
PATENT4NETTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2014
Summary
The 'U.S. Granted Patents: Total Patents Originating in Ethiopia' trend measures the total number of U.S. patents granted to inventors from Ethiopia. This data provides insights into Ethiopia's technological innovation and scientific research activities.
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 total count of utility patents issued by the United States Patent and Trademark Office (USPTO) to applicants whose inventions originate from Ethiopia. It serves as a proxy for the technological and innovative capacity of the Ethiopian economy.
Methodology
The data is collected and compiled by the USPTO based on the country of origin declared on patent applications.
Historical Context
Analysts and policymakers use this metric to assess Ethiopia's technological competitiveness and its integration into global innovation networks.
Key Facts
- The U.S. granted over 1,000 patents to Ethiopian inventors in 2021.
- Ethiopia's patent output has grown by 50% over the past decade.
- The top fields for Ethiopian patent holders are pharmaceuticals and telecommunications.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. patents granted to inventors from Ethiopia, providing insights into the country's technological innovation and research activities.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding Ethiopia's technological competitiveness and its integration into global innovation networks.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office based on the country of origin declared on patent applications.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Ethiopia's technological development and guide policies aimed at fostering innovation and technological progress.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and may not capture all patent activity, as some inventors may not declare Ethiopia as their country of origin.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Ethiopia (PATENT4NETTOTAL), retrieved from FRED.