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International Intellectual Property Index

Why is it in the news?

  • The 12th edition of the International Intellectual Property Index was recently released by the US Chamber of Commerce.

Key Findings

  • Notably, 20 economies have shown significant improvements in their IP frameworks, indicating progress in strengthening IP protection and enforcement mechanisms.
  • The United States secured the top position in the rankings, followed by the United Kingdom and France, showcasing their robust IP ecosystems.
  • Conversely, eight economies, including Ecuador, experienced a decline in their rankings due to inadequate IP enforcement measures.
  • India’s performance in the index positioned it at 42nd out of the 55 countries evaluated, with an overall score of 38.64%. While this represents a relatively low ranking, it also signifies a notable improvement compared to previous years, reflecting India’s efforts to enhance its IP framework and foster innovation and creativity within the country.
About International Intellectual Property Index

路聽聽聽聽聽聽 The International Intellectual Property Index is an annual assessment conducted by the U.S. Chamber of Commerce鈥檚 Global Innovation Policy Centre.

路聽聽聽聽聽聽 It serves as a comprehensive evaluation of the intellectual property (IP) frameworks of the world’s top 55 economies.

路聽聽聽聽聽聽 This assessment is based on 50 unique criteria that encompass various aspects of IP protection and enforcement.

路聽聽聽聽聽聽 The primary objective of the index is to provide guidance to economies seeking to bolster their innovation and creativity ecosystems by implementing more effective IP standards.

路聽聽聽聽聽聽 Additionally, it aims to identify global trends in IP protection and highlight areas for improvement, thereby assisting economies in enhancing IP-driven innovation and creativity.

 

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