International Intellectual Property Index : 12th Edition
The US Chamber of Commerce released its 12th edition of the International IP (Intellectual Property) Index, where India ranked 42 out of 55 countries with an overall score of 38.64%.
- The United States topped the list, followed by the United Kingdom and France.
- The index assesses the IP framework of the world’s top economies, noting 20 economies showing significant improvement.
- While India’s IP framework is strengthening, it still lags behind the top performers.
- The top 10 economies for IP rights include the United States, United Kingdom, France, Germany, Sweden, Japan, Netherlands, Ireland, Spain, and Switzerland.
- Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. It can include the subject matter, methods, and tools created as part of research or studies.