In recently released Intellectual Property Index by United States Chamber of Commerce (USCC), India was ranked 37th among the surveyed 38 countries. These countries bench marked in the 2016 index accounts for nearly 85 percent of the global GDP. Venezuela ranked the lowest below India at 38th position with 6.42 points on the index.
Key highlights:
In this edition of IP Index, India has scored a low 7.0 out of maximum 30 points.
Top Ten Countries: US (28.6 score), UK (27.5), Germany (27.4), France (27.2), Sweden (27.1), Singapore (25.6), Switzerland (24.9), Australia (24.8), Japan (23.3) and South Korea (23.3).
BRICS Countries: Russia (20th Rank), China (22nd), South Africa (26th), Brazil (29th) and India (37th).
Reasons for India’s lower ranking: Patent protection in India remains outside of international best practices. Indian laws do not provide adequate enforcement mechanisms to combat online piracy effectively.
About Intellectual Property Index:
The index is based on 30 parameters (each having one point) fixed by United State Chamber’s Global Intellectual Property Centre (GIPC). It was started in 2012 and some of its criteria are patent, copyright and trademark protections, enforcement and engagement in international treaties.
India ranks 37th in United States Chamber of Commerce 2016 Intellectual Property Index
No comments:
Post a Comment