In 2016 Intellectual Property Index of Uscc India Ranks at 37th Position [ Current Affairs ]
India is ranked at 37th position among the survey 38 countries in Intellectual Property Index (IPI) which is recently released by United States Chamber of Commerce (USCC). For about 85 % of the global GDP these 38 countries benchmarked in the 2016 index accounts. And Venezuela ranked next to India at 38th position with 6.42 points on the index.
India has scored a low 7.0 out of maximum 30 points.
Top 10 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).
- 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
US Chamber’s Global Intellectual Property Centre (GIPC) has fixed 30 parameters and this Index is based on it. This Index is started from 2012.
It some criteria of it are:
- copyright and trademark protections
- Engagement in international treaties
- Published on: February 11, 2016