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DAILY NEWS ANALYSIS

  • 27 March, 2021

  • 4 Min Read

International Intellectual Property Index 2021 Released

The International Intellectual Property Index 2021released

About International Intellectual Property Index:

  • It is an annual report released by the US Chamber of Commerce & Global Innovation Policy Centre(GIPC).
  • The index evaluates Intellectual Property rights in 53 global economies. These economies represent together over 90% of global GDP.
  • It ranks countries based on 50 unique indicators. These indicators are divided into nine categories of protection:
    • 1) Patents
    • 2) copyrights
    • 3) trademarks
    • 4) design rights
    • 5) trade secrets
    • 6) commercialization of IP assets
    • 7) enforcement
    • 8) systemic efficiency and
    • 9) membership and ratification of international treaties.

Key Findings Related to India:

  • India has been ranked 40th in the 2021 index among the 53 global economies. In 2020 also, India was ranked 40th.
  • Among BRICS nations, India registered the second-highest growth with an overall improvement of over 13%,

Other Key Findings Globally:

  • Despite the challenges presented by COVID-19, the global IP environment continued to strengthen. In the 2021 report, 32 of the 53 economies had positive improvements in their scores.
  • The US, the UK, Germany, France, and Japan are the top five economies on the IP Index in 2021.

Source: TH


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