U.S. Granted Patents: Design Patents Originating in Malaysia
PATENT4NMYDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
43.75%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Malaysia' trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Malaysia. This data provides insights into the innovation and technological development in Malaysia.
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
Design patents protect new, original, and ornamental designs for manufactured products. Tracking design patent activity from Malaysia is a useful indicator of innovative capacity and competitiveness in the Malaysian economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) portal.
Historical Context
Economists and policymakers monitor design patent trends to assess the innovative output and global competitiveness of different national economies.
Key Facts
- Malaysia was granted 2,074 U.S. design patents in 2021.
- Design patents from Malaysia accounted for 2.3% of total U.S. design patents in 2021.
- U.S. design patent grants to Malaysia have grown by an average of 6.4% per year since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Malaysia. Design patents protect new, original, and ornamental product designs.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patent activity from Malaysia provides insights into the country's innovative capacity and global competitiveness, which are key factors for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) portal.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor design patent trends to assess the innovative output and global competitiveness of different national economies, which informs trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 1-2 quarters behind the current period. There may also be revisions to historical data over time.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Malaysia (PATENT4NMYDESIGN), retrieved from FRED.