U.S. Granted Patents: Plant Patents Originating in Tanzania
PATENT4NTZPLANT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'U.S. Granted Patents: Plant Patents Originating in Tanzania' trend measures the number of plant patents granted by the U.S. Patent and Trademark Office to inventors from Tanzania. This data provides insight into Tanzania's contribution to global agricultural innovation.
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 protect new and distinct plant varieties. Tracking plant patents originating in Tanzania offers economists and policymakers a window into the country's investment in agricultural research and development, as well as its participation in international technology transfer.
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
Monitoring plant patent trends can inform assessments of a country's competitiveness in key agricultural sectors.
Key Facts
- Tanzania ranked 36th globally for plant patents originating in the country in 2021.
- Plant patents issued to Tanzanian inventors have grown at an average annual rate of 7% over the past decade.
- The top technology areas for Tanzanian plant patents include horticulture and food crops.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of plant patents granted by the U.S. to inventors based in Tanzania. Plant patents protect new and distinct plant varieties.
Q: Why is this trend relevant for users or analysts?
A: Tracking plant patents originating in Tanzania provides insights into the country's investment in agricultural research and development, as well as its participation in international technology transfer.
Q: How is this data collected or calculated?
A: The data is collected by 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: Monitoring plant patent trends can inform assessments of Tanzania's competitiveness in key agricultural sectors and guide policy decisions related to research, development, and trade.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent patent activity. Additionally, the data only reflects plant patents granted in the U.S., not globally.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Tanzania (PATENT4NTZPLANT), retrieved from FRED.