U.S. Granted Patents: Total Patents Originating in Vietnam
PATENT4NVNTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
2150.00%
Date Range
1/1/1999 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Vietnam' series tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors located in Vietnam. This metric provides insight into Vietnam's innovative capacity and competitiveness in the global technology landscape.
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 measures the total number of utility patents, design patents, and plant patents granted to Vietnam-based inventors and organizations by the U.S. patent office. It is a key indicator of Vietnam's technological development and knowledge-driven economic progress.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office based on the reported location of patent applicants.
Historical Context
Policymakers and economists analyze this trend to assess Vietnam's innovation ecosystem and competitiveness in high-tech industries.
Key Facts
- Vietnam's total U.S. patents have grown over 700% since 2000.
- In 2021, Vietnam-based inventors received over 1,500 U.S. patents.
- Vietnam ranks 10th globally for total U.S. patents originating from a single country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and organizations located in Vietnam.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Vietnam's innovative capacity, technological development, and global competitiveness in high-tech industries.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office based on the reported location of patent applicants.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess Vietnam's innovation ecosystem and its progress in building a knowledge-driven economy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as patents are typically published several months after being granted.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Vietnam (PATENT4NVNTOTAL), retrieved from FRED.