U.S. Granted Patents: Utility Patents Originating in Malta
PATENT4NMTUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
850.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The U.S. Granted Patents: Utility Patents Originating in Malta trend measures the number of utility patents granted by the United States Patent and Trademark Office to inventors from Malta. This statistic is of interest to economists and policymakers as it provides insight into Malta's innovation capacity and technological progress.
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
Utility patents are granted for new and useful inventions, processes, machines, or compositions of matter. This series tracks the number of such patents awarded to Maltese innovators, which is an indicator of Malta's scientific and technological capabilities relative to other nations.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is used by economists, policymakers, and market analysts to gauge Malta's competitiveness and integration into global innovation networks.
Key Facts
- Malta has historically ranked among the top EU countries for patent registrations per capita.
- The U.S. is a major destination for Maltese patent applications due to the size of the American market.
- Utility patents account for the majority of all patents granted to Maltese inventors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Malta. Utility patents cover new and useful inventions, processes, or technologies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Malta's innovation capacity and technological progress, which is of interest to economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is used to gauge Malta's competitiveness and integration into global innovation networks, which informs economic and trade policies.
Q: Are there update delays or limitations?
A: There may be some delays in reporting due to the administrative process of granting patents, but the data is generally timely and comprehensive.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Malta (PATENT4NMTUTILITY), retrieved from FRED.