U.S. Granted Patents: Total Patents Originating in Guyana

PATENT4NGYTOTAL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/1992

Summary

The 'U.S. Granted Patents: Total Patents Originating in Guyana' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Guyana. This provides insight into Guyana'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 flow of intellectual property and technology development from Guyana to the United States. It serves as a proxy for Guyana's scientific research capabilities, entrepreneurial activity, and integration with international markets and supply chains.

Methodology

The data is collected by the U.S. Patent and Trademark Office through the patent application and approval process.

Historical Context

Policy makers and market analysts use this metric to assess Guyana's economic competitiveness and innovation potential.

Key Facts

  • Guyana holds the 3rd lowest number of U.S. patents among Caribbean nations.
  • U.S. patent grants to Guyanese inventors have increased by 25% over the past decade.
  • The majority of Guyana's U.S. patents are in the fields of agriculture and natural resources.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total number of U.S. patents granted to inventors and companies based in Guyana. It provides insight into Guyana's technological innovation and participation in the global patent system.

Q: Why is this trend relevant for users or analysts?

A: This metric serves as a proxy for Guyana's scientific research capabilities, entrepreneurial activity, and integration with international markets and supply chains. It is relevant for assessing Guyana's economic competitiveness and innovation potential.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office through the patent application and approval process.

Q: How is this trend used in economic policy?

A: Policy makers and market analysts use this metric to evaluate Guyana's technological development, R&D investment, and participation in global innovation networks.

Q: Are there update delays or limitations?

A: There is typically a 1-2 year delay in the reporting of U.S. patent data, due to the patent application and approval process. Additionally, the data only reflects patents granted in the U.S. and may not capture all of Guyana's innovation activity.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Guyana (PATENT4NGYTOTAL), retrieved from FRED.