U.S. Granted Utility Patents Originating in Platte County, NE
PATENTCOUNTY31141 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
800.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Platte County, NE' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors located in Platte County, Nebraska. This provides insight into local 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 represent inventions or discoveries that are new, useful, and non-obvious. Tracking the number of utility patents originating in Platte County, Nebraska helps assess the region's capacity for innovation and technological change, which are key drivers of economic growth and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Historical Context
Policymakers and economic development agencies use this data to evaluate a region's innovation ecosystem and target initiatives to support entrepreneurship and R&D.
Key Facts
- Platte County is home to several major manufacturers and technology companies.
- Patent activity can indicate a region's capacity for new product development.
- Utility patents cover a wide range of technologies, from medical devices to software.
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 were filed by inventors located in Platte County, Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Monitoring utility patent activity in a specific county provides insight into the local innovation ecosystem and a region's capacity for technological development, which are key drivers of economic growth.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by county.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to evaluate a region's innovation capacity and target initiatives to support entrepreneurship, R&D, and technological advancement.
Q: Are there update delays or limitations?
A: There may be lags in the data due to the time required for patent applications to be processed and published by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Platte County, NE (PATENTCOUNTY31141), retrieved from FRED.