U.S. Granted Patents: Plant Patents Originating in Panama
PATENT4NPAPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1993 - 1/1/2020
Summary
The U.S. Granted Patents: Plant Patents Originating in Panama data series tracks the number of plant patents issued by the U.S. to inventors residing in Panama. This metric is an important indicator of innovation and technological progress in Panama's agricultural and biotechnology sectors.
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
Plant patents are a type of intellectual property right granted for new and distinct plant varieties. The U.S. Granted Patents: Plant Patents Originating in Panama data provides insights into the rate of plant-based innovation and commercialization in Panama over time.
Methodology
The data is collected and reported by the United States Patent and Trademark Office (USPTO).
Historical Context
Policymakers and researchers use this data to assess Panama's competitiveness and investment in plant-based R&D.
Key Facts
- Plant patents originated in the U.S. in 1930.
- Patent rights incentivize innovation and commercialization.
- Trends in plant patents can indicate economic development.
FAQs
Q: What does this economic trend measure?
A: The U.S. Granted Patents: Plant Patents Originating in Panama data series tracks the number of plant patents issued by the U.S. to inventors residing in Panama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the rate of plant-based innovation and commercialization in Panama, which is an important indicator of the country's competitiveness and investment in agricultural and biotechnology research and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the United States Patent and Trademark Office (USPTO).
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this data to assess Panama's competitiveness and investment in plant-based R&D, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and practices of the USPTO, which may result in occasional delays or gaps in the available information.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Panama (PATENT4NPAPLANT), retrieved from FRED.