U.S. Granted Utility Patents Originating in Wyandotte County, KS
PATENTCOUNTY20209 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
16.67%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Wyandotte County, KS' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Wyandotte County, Kansas. This metric provides insights into regional 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
Utility patents protect new and useful inventions, processes, or improvements. The Wyandotte County, KS data point offers a localized view of patenting activity, which can signal a region's technological competitiveness and capacity for innovation.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Historical Context
Policymakers and economic development agencies use this metric to evaluate a region's innovation ecosystem and competitiveness.
Key Facts
- Wyandotte County is part of the Kansas City metropolitan area.
- Utility patents protect new and useful inventions, not just designs.
- Patent activity can indicate a region's technological capabilities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Wyandotte County, Kansas.
Q: Why is this trend relevant for users or analysts?
A: Utility patent activity in a specific region can provide insights into local innovation, technological development, and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to evaluate a region's innovation ecosystem and competitiveness.
Q: Are there update delays or limitations?
A: The data may have a short delay due to the time required to process and report patent applications.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Wyandotte County, KS (PATENTCOUNTY20209), retrieved from FRED.