India ranked 40th among the 53 top economies in the ninth edition of the International Intellectual Property Index. The country dropped by four positions in comparison to the previous indicators under the index.
As society adjusted to living through a global pandemic, intellectual property (IP) played an essential role in the creation and development of solutions to combat COVID-19.
In this article, the indicators used to evaluate the performance of 53 economies across the globe to analyse the role played by the intellectual property has been discussed in detail. Also, India’s status as per the report has been emphasized further below in the article.
International Intellectual Property Index [UPSC Notes]:-Download PDF Here
IP Index, along with many other indicators that evaluate the growth of a country and its aspects, are important from the perspective of the IAS Exam. Candidates can find questions based on the same in the UPSC prelims and GS Paper 2 of the mains phase of the examination.
Also, aspirants look for other Important Global Indices and India’s Rankings in the same, at the linked article.
Kickstart your UPSC Exam preparation now and complement it with the links given below: |
International IP Index – Key Findings
- The US Chamber of Commerce’s Global Innovation Policy Center evaluates and releases the International Intellectual Property Index
- The Index describes the function of global IP system and identifies opportunities to strengthen the innovation ecosystem even further
- A total of 53 economies were evaluated under the index based on different indicators
- The main sector of work that was recognised in the ninth edition was in the field of the ongoing pandemic
- Some of the key findings under the IP Index 2021 are as follows:
- Despite the challenges presented by COVID-19, the global IP environment continued to strengthen. In the 2021 report, 32 of the 53 economies benchmarked had positive improvements in their scores
- Of the BRICS economies included since the inaugural edition of the Index in 2012, China and India have improved their framework for IP-driven innovation and creativity
- Trade agreements continue to substantively improve national IP frameworks
- At the World Trade Organization (WTO), India and South Africa issued a proposal to waive IP rights on all COVID-19 related medicines, devices, and technologies through the TRIPS Council waiver
- Twenty-one economies achieved a score of 70% or more of the available score and 31 economies in total achieved a score of over 50%
- The global environment for creators and copyright holders continues to be challenging, with 32 of the 53 economies failing to reach 50% of the total available score
- Many of the economies benchmarked in the Index have introduced policies that limit market access or commercialization of IP assets
- Enforcement against IP theft continues to be a challenge for rights holders operating in global markets
Also, refer to the related links below:
Top Ranking Countries in International Intellectual Property Index
In the ninth edition of the report released by the Global Innovation Policy Center of the US Chamber of Commerce, the top-ranking countries, along with their scores for the latest and the last edition have been given in the table below:
IP Index 2021 Ranks | ||||
Rank | Country | 9th Edition Scores | 8th Edition Scores | Improvement (in %) |
1 | United States | 95.31% | 95.28% | 0.03% |
2 | United Kingdom | 93.90% | 93.92% | -0.02% |
3 | Germany | 92.27% | 91.08% | 1.19% |
4 | France | 91.43% | 91.50% | -0.07% |
5 | Japan | 91.12% | 90.40% | 0.72% |
40 | India | 38.40% | 38.46% | -0.06% |
About the US Chamber of Commerce
It is the world’s largest business organization and advocates policies that help businesses create jobs and grow the economy. The U.S. Chamber of Commerce’s Global Innovation Policy Center is working around the world to champion innovation and creativity through intellectual property standards that create jobs, save lives, advance global economic and cultural prosperity, and generate breakthrough solutions to global challenges. |
Apart from this, candidates must also read about the Global Innovation Index (GII) which is released by the World Intellectual Property Organisation (WIPO), an international consortium through which public and private sector organizations share intellectual property and expertise. It is also one of the 15 specialized agencies of the United Nations.
Global Intellectual Property Index – India’s Status
India ranked at the 40th position in the Global Intellectual Property Index 2021. In the eighth edition, last year, India had ranked 36th and this year, it has dropped four places.
There were nine categories of indicators based on which the economies were scored. Given below are the same:
- Patents
- Copyrights
- Trademarks
- Design Rights
- Trade Secrets and the Protection of Confidential Information
- Commercialization of IP Assets
- Enforcement
- Systematic Efficiency
- Membership and Ratification of International Treaties
India’s performance based on these indicators can be analysed through th image given below:
Although India’s scores decreased slightly from the last edition of the report, yet improvements were observed in different sectors. Thus, with continued efforts, new policies and patent regulations, the performance of IP can be further improved.
International Intellectual Property Index [UPSC Notes]:-Download PDF Here
Such Indices and India’s position in the same are an important part of the UPSC CSE Syllabus from the GS 2 and 3 perspective of the mains exam.
Candidates can get more such study material, preparation tips and the latest exam updates at BYJU’S.
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