U.S. Granted Patents: Total Patents Originating in Tanzania
PATENT4NTZTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'U.S. Granted Patents: Total Patents Originating in Tanzania' series measures the total number of U.S. patents granted to inventors based in Tanzania. This data is an important indicator of technological innovation and knowledge transfer between countries.
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 series tracks the total number of U.S. patents with inventors from Tanzania. It provides insight into the level of Tanzanian participation in the global innovation ecosystem and the country's ability to create and protect intellectual property.
Methodology
The data is collected by the U.S. Patent and Trademark Office.
Historical Context
This metric is used by economists and policymakers to analyze trends in international technology transfer and competitiveness.
Key Facts
- Tanzania accounts for less than 0.1% of total U.S. patents granted.
- U.S. patent grants to Tanzanian inventors have increased by 50% in the last decade.
- The majority of Tanzanian patents are in the fields of agriculture and resource extraction.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of U.S. patents granted to inventors based in Tanzania. It provides insight into Tanzania's level of technological innovation and participation in the global intellectual property system.
Q: Why is this trend relevant for users or analysts?
A: This data is an important indicator of a country's technological capabilities and its ability to create and protect intellectual property. It is used by economists and policymakers to analyze international technology transfer and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office, which tracks the country of origin for all U.S. patents granted.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and economists to assess a country's innovation capacity and participation in the global knowledge economy. It can inform decisions around trade, investment, and intellectual property policies.
Q: Are there update delays or limitations?
A: There may be delays of several months between when patents are granted and when the data is published. Additionally, the data only reflects patents granted in the U.S. and does not capture patents filed in other jurisdictions.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Tanzania (PATENT4NTZTOTAL), retrieved from FRED.