India ranked lowest in US chamber’s global IP index
For the second consecutive year, Global Intellectual Property Centre (GIPC) International IP Index ranked India lowest amongst the countries assessed for protection and enforcement of Intellectual Property Practices.
In the second edition of the chamber’s GIPC index, India continued to score lowest, most notably in categories relating to patents, copyrights and international treaties. India scored 6.95 points out of a maximum 30 while US topped with 28.5 amongst 25 countries surveyed.
None of the 25 countries surveyed received a perfect score of 30; the US received the highest score of 28.3, making it the global leader in protecting IP. In both the 2012 and 2014 GIPC Index, India finished last in both editions, as the country continues to allow for the deterioration of its IP climate.
Global Intellectual Property Centre (GIPC) International IP Index
The GIPC Index provides an updated roadmap for economies seeking to create jobs, promote innovation, ensure safety, and provide access to the creations and inventions of the 21st century. Ranking is based on efforts to protect the copyrights and patents that protect goods and services ranging from pharmaceuticals to software to Hollywood films.
Categories: India Current Affairs 2017