The U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC) recently released The 2014 Intellectual Property Index.
The annual Index surveys 25 countries and evaluates the IP environment of each using a combination of 30 different factors, each contributing to foster a strong IP environment and opportunity for innovation and growth.
In the 2014 survey, the United States received the highest score overall, followed by the United Kingdom and France. At the other end of the scale was India, which continued to have low scores in categories relating to patents, copyrights and international treaties. Cited as “heading in the right direction,” countries included Canada, for its efforts in recently concluding negotiations with the European Union on the Comprehensive Economic and Trade Agreement (CETA); and also China, which has shown “strength in the patents arena, earning the highest score of all middle-income countries and even out-performing high-income countries such as Chile and UAE.” That being said, the report points out that there remains some overall IP challenges in the IP environment in China.
In a press release launching the report, David Hirschmann, President and CEO of the GIPC addressed the importance of a healthy IP environment by saying that “A robust IP system provides the critical foundation needed for nations wishing to advance their economic and social progress, and provide assurances to consumers that the products they use are authentic, safe, and effective.”
For access to the full press release and GIPC report, click here.