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What is the News?
The International Intellectual Property Index, 2022 has been released.
What is the International Intellectual Property Index?
Released by: Compiled by the US Chambers of Commerce.
Type: Annual report
Purpose: The index benchmarks the IP framework in 55 global economies, with Ghana and Honduras added as two new economies in the tenth edition.
Parameters: The index 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.
What are the key findings of the index?
India has been ranked 43 out of 55 countries in the Index. It has improved its overall IP score from 38.4% to 38.6%. The United States topped the index, followed by the UK, Germany, Sweden and France.
Source: This post is based on the article “India’s overall ranking on IP protection improves, says USCC report” published in Business Standard on 28th February 2022.
