U.S. Granted Patents: Total Patents Originating in Ghana
PATENT4NGHTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2019
Summary
The 'U.S. Granted Patents: Total Patents Originating in Ghana' trend measures the total number of U.S. patents granted to inventors located in Ghana. This metric provides insight into Ghana's technological innovation and participation in the global patent system.
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 U.S. patents granted to Ghanaian inventors and companies. It serves as a proxy for Ghana's technological capabilities, domestic R&D investment, and integration with international markets and supply chains.
Methodology
The data is collected and reported by the United States Patent and Trademark Office (USPTO).
Historical Context
Policy makers and economists monitor this trend to assess Ghana's scientific and technological development.
Key Facts
- Ghana accounts for less than 0.1% of total U.S. patents granted.
- U.S. patent grants to Ghanaian inventors have increased over the past decade.
- Ghana ranks behind other major African economies in U.S. patent generation.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Total Patents Originating in Ghana' metric tracks the total number of U.S. patents awarded to inventors located in Ghana.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Ghana's technological capabilities, innovation, and participation in global research and development.
Q: How is this data collected or calculated?
A: The data is compiled and reported by the United States Patent and Trademark Office (USPTO).
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess Ghana's scientific and technological development relative to other countries.
Q: Are there update delays or limitations?
A: There may be several months of delay between patent grant and data reporting by the USPTO.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Ghana (PATENT4NGHTOTAL), retrieved from FRED.