U.S. Granted Utility Patents Originating in Napa County, CA
PATENTCOUNTY06055 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.00
Year-over-Year Change
48.28%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Napa County, CA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Napa County, California. This metric provides insight into the region's innovative activity and entrepreneurial climate.
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 economic indicator tracks the volume of utility patents originating from Napa County, which is a key measure of technological innovation and new product development within the region. The data can be used to analyze trends in local entrepreneurship, R&D investment, and the commercialization of new inventions.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations often use this metric to assess the innovative capacity and competitiveness of Napa County relative to other regions.
Key Facts
- Napa County ranks among the top 1% of U.S. counties for utility patents per capita.
- Wine and agriculture technology account for a large share of Napa's patented innovations.
- Patent activity in Napa has grown over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Napa County, California.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and entrepreneurial climate of Napa County, which is valuable for economic development, policy analysis, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this metric to assess Napa County's competitiveness and identify opportunities to support innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the reporting of patent data, and the metric only reflects utility patents, not design or plant patents.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Napa County, CA (PATENTCOUNTY06055), retrieved from FRED.