U.S. Granted Patents: Total Patents Originating in Kenya
PATENT4NKETOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
2200.00%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Kenya' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors from Kenya. This metric is important for analyzing innovation and technology transfer between countries.
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 series tracks the total number of utility patents, design patents, and plant patents granted to Kenyan residents and entities by the U.S. patent office. It provides insight into the level of Kenyan participation in the global innovation ecosystem and the exchange of technological knowledge between the U.S. and Kenya.
Methodology
The data is compiled by the U.S. Patent and Trademark Office based on inventor country of residence.
Historical Context
Policy analysts and international trade experts use this metric to assess the flow of intellectual property and technical know-how between countries.
Key Facts
- Kenya accounts for less than 0.1% of total U.S. patent grants.
- U.S. patent grants to Kenyan inventors have grown by over 50% in the past decade.
- The top fields for Kenyan patent grants are digital communication and biotechnology.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and entities based in Kenya.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of innovation and technology transfer between the U.S. and Kenya, which is important for assessing economic and geopolitical relationships.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Patent and Trademark Office based on the country of residence listed for patent inventors.
Q: How is this trend used in economic policy?
A: Policy analysts and international trade experts use this metric to evaluate cross-border flows of intellectual property and technical knowledge.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of patent data, and the metric only captures U.S. patent grants, not patents filed in other jurisdictions.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Kenya (PATENT4NKETOTAL), retrieved from FRED.