U.S. Granted Patents: Total Patents Originating in Monaco
PATENT4NMCTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
87.50%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Monaco' trend measures the total number of patents granted by the U.S. Patent and Trademark Office that originated from inventors or entities based in the principality of Monaco.
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 data series provides insight into the innovative activity and technological contributions of Monaco on the global stage. Tracking patent output can indicate Monaco's competitiveness in research and development across diverse industries.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the listed country of origin for each granted patent.
Historical Context
Policymakers and economists monitor patent trends to assess a country's technological capabilities and commercial competitiveness.
Key Facts
- Monaco has a population under 40,000.
- The principality has one of the highest GDP per capita globally.
- Patents originating in Monaco make up a tiny fraction of total U.S. patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. that originated from inventors or entities based in Monaco.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent output can provide insights into Monaco's innovation capacity and technological competitiveness on the global stage.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the listed country of origin for each granted patent.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor patent trends to assess a country's technological capabilities and commercial competitiveness.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to patent application and approval processes.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Monaco (PATENT4NMCTOTAL), retrieved from FRED.