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India ranked 40th on International Intellectual Property Index

  • Category
    Economy
  • Published
    6th Apr, 2021

India is ranked 40 among 53 economies through the latest annual edition of the International Intellectual Property (IP) Index.

Context

India is ranked 40 among 53 economies through the latest annual edition of the International Intellectual Property (IP) Index.

About

  • What is the IIP Index?
  • It is released annually by the US Chamber of Commerce Global Innovation Policy Centre (GIPC).
  • The Index aims to evaluate Intellectual Property rights in 53 global economies through-
    • patent and copyright policies
    • commercialization of IP assets
    • ratification of international treaties

International Intellectual Property Index 2020

  • India is ranked 40th in 2021, by scoring 38.4 out of 100. India has shown real improvement over the past few years.
  • Top Countries: The United States, Japan, and Europe are at the top of the intellectual property rankings.
  • Improvement: The overall global IP environment has been improved in 2020, with the positive score increasing in 32 of the 53 economies measured by the IP Index.
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