U.S. Granted Patents: Total Patents Originating in Philippines
PATENT4NPHTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.00
Year-over-Year Change
227.27%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Philippines' trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors from the Philippines. This data is an important indicator of technological innovation and economic activity.
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 tracks the total number of utility patents, design patents, and plant patents granted annually to individuals or organizations located in the Philippines. It provides insights into the global competitiveness and innovative capacity of the Philippine economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office based on the recorded country of origin for each granted patent.
Historical Context
Economists and policymakers use this data to analyze trends in innovation, technology transfer, and the global competitiveness of the Philippine economy.
Key Facts
- The Philippines accounted for 1.4% of all U.S. patents granted in 2021.
- U.S. patent grants to Philippine inventors have grown at an average annual rate of 8.3% over the past decade.
- Electronics and computer-related technologies make up the largest share of U.S. patents originating in the Philippines.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted annually by the U.S. Patent and Trademark Office to inventors or organizations located in the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the innovation capacity and technological competitiveness of the Philippine economy relative to other countries.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office based on the recorded country of origin for each granted patent.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze trends in innovation, technology transfer, and the global competitiveness of the Philippine economy.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of this data due to patent application and granting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Philippines (PATENT4NPHTOTAL), retrieved from FRED.