U.S. Granted Patents: Total Patents Originating in Nepal
PATENT4NNPTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2014 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Nepal' trend measures the total number of U.S. patents granted to inventors from Nepal. This data provides insights into Nepal's contribution to technological innovation and global competitiveness.
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 volume of U.S. patents granted to Nepalese inventors and innovators. It serves as a proxy for the level of technological and scientific activity originating from Nepal, which is an important metric for policymakers and economists analyzing global innovation trends.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and analysts use this trend to assess Nepal's position in the global innovation landscape and to inform strategies for fostering domestic research and development.
Key Facts
- Nepal accounts for less than 0.1% of total U.S. patents granted.
- The number of U.S. patents originating in Nepal has steadily increased over the past decade.
- Nepalese inventors focus primarily on mechanical and electrical engineering innovations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. patents granted to inventors and innovators from Nepal, providing insights into the country's technological and scientific output.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and analysts as it serves as a proxy for Nepal's position in the global innovation landscape and can inform strategies for fostering domestic research and development.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Nepal's contribution to global innovation and to inform strategies for promoting technological advancement and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and processing timelines of the U.S. Patent and Trademark Office, which may result in occasional delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Nepal (PATENT4NNPTOTAL), retrieved from FRED.