International Intellectual Property index

  • February 26, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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International Intellectual Property index

Subject : Schemes

Section : Reports and Indices

Concept :

  • India ranks 42nd among 55 leading global economies on the International IP Index.

International Intellectual Property Index

  • It was released annually by the US Chamber of Commerce Global Innovation Policy Centre (GIPC).
  • The index was started in 2012 and the first edition compared IP environments in 11 economies.
  • The Intellectual Property (IP) Index evaluates each economy’s ecosystem based on 50 unique indicators which the industry believes represent economies with the most effective IP systems
  • Parameters: It ranks countries based on 50 unique indicators.
  • These indicators are divided across 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.
  • Significance: The IP Index serves as a roadmap for policymakers who look to support creativity, innovation and economic growth through more robust IP policy.
International Intellectual Property index Schemes