U.S. Granted Patents: Design Patents Originating in Venezuela
PATENT4NVEDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Venezuela' trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors located in Venezuela. This data provides insights into the level of innovative activity and technological advancement emerging from Venezuela.
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
Design patents protect the unique ornamental or aesthetic aspects of an invention, rather than its functional elements. Tracking design patents from a specific country can indicate the level of design-driven innovation, which is an important factor in global competitiveness and economic development.
Methodology
The data is collected through the official administrative records of the U.S. Patent and Trademark Office.
Historical Context
This metric is used by economists, policymakers, and industry analysts to monitor Venezuela's innovation capacity and its integration with global technology and design trends.
Key Facts
- Design patents account for about 15% of all U.S. patents granted.
- Venezuela's design patent grants have declined by 25% over the past decade.
- The U.S. is the top destination for Venezuelan design patent holders.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office to inventors located in Venezuela. Design patents protect the unique ornamental or aesthetic aspects of an invention.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patents from a specific country can indicate the level of design-driven innovation, which is an important factor in global competitiveness and economic development.
Q: How is this data collected or calculated?
A: The data is collected through the official administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and industry analysts to monitor Venezuela's innovation capacity and its integration with global technology and design trends.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Venezuela (PATENT4NVEDESIGN), retrieved from FRED.