U.S. Granted Utility Patents Originating in South Bend-Mishawaka, IN-MI (MSA)
PATENTCBSA143780 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.00
Year-over-Year Change
20.88%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors originating in the South Bend-Mishawaka, IN-MI metropolitan statistical area (MSA). It provides insights into the region's innovation and technological development.
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
The U.S. Granted Utility Patents Originating in South Bend-Mishawaka, IN-MI (MSA) metric tracks the volume of new patents granted to inventors from this specific geographic region. It is a key indicator of the MSA's ability to generate and commercialize innovative technologies.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office.
Historical Context
Economists and policymakers use this metric to evaluate the South Bend-Mishawaka region's innovation capacity and competitiveness.
Key Facts
- The South Bend-Mishawaka MSA is home to the University of Notre Dame, a major research institution.
- Patents granted to the region increased by 12% between 2015 and 2020.
- The MSA's top patenting industries include medical devices, software, and advanced manufacturing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors originating in the South Bend-Mishawaka, IN-MI metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the innovation capacity and technological development of the South Bend-Mishawaka region, which is of interest to economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to evaluate the South Bend-Mishawaka region's innovation performance and competitiveness, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the availability of the most recent data, as the patent application and approval process takes time.
Similar PATENTCBSA Trends
U.S. Granted Patents: Utility Patents Originating in the Northern Mariana Islands
PATENTUSMPUTILITY
U.S. Granted Utility Patents Originating in McHenry County, ND
PATENTCOUNTY38049
U.S. Granted Utility Patents Originating in Wyoming County, PA
PATENTCOUNTY42131
U.S. Granted Patents: Total Patents Originating in Iowa
PATENTUSIATOTAL
U.S. Granted Utility Patents Originating in Clarksville, TN-KY (MSA)
PATENTCBSA117300
U.S. Granted Patents: Reissue Patents Originating in Texas
PATENTUSTXREISSUE
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in South Bend-Mishawaka, IN-MI (MSA) (PATENTCBSA143780), retrieved from FRED.