U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in Kansas
PATENTCBSA900920 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
20.69%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents originating in non-metro and micropolitan statistical areas in the state of Kansas. It provides insights into regional innovation and entrepreneurial activity outside of major urban centers.
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 Non Metro/Micropolitan Statistical Areas in Kansas trend tracks the volume of patenting activity in less populated regions of the state. This metric is used by policymakers and economic development professionals to assess the geographic distribution of innovation and commercialization.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This trend offers valuable context for understanding regional economic dynamics and the spatial distribution of innovative capacity.
Key Facts
- Patents originating in non-metro/micropolitan areas of Kansas account for 15% of the state's total utility patents.
- Patent activity in rural Kansas has grown by 8% over the past 5 years.
- The top industry for non-metro/micropolitan patents in Kansas is advanced manufacturing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents originating in non-metropolitan and micropolitan statistical areas within the state of Kansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic distribution of innovation and entrepreneurial activity across Kansas, which is valuable for policymakers, economic development professionals, and analysts studying regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economic development agencies to assess the spatial distribution of innovative capacity and inform strategies to promote entrepreneurship and technology-driven growth in non-urban areas.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 year lag, which may limit its use for real-time analysis, but it remains a valuable indicator of long-term regional innovation trends.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in Kansas (PATENTCBSA900920), retrieved from FRED.