International Intellectual Property Index
Context
- India ranks 42nd among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce
About the International IP Index
- The Index assesses each economy’s IP framework using 50 distinct indicators that the industry thinks represent the most effective IP systems.
- The indicators provide a snapshot of an economy’s total IP ecosystem and cover nine categories of protection: patents, copyrights, trademarks, design rights, trade secrets, commercialization of IP assets, enforcement, systemic efficiency, membership and ratification of international treaties.
- According to the International Intellectual Property (IP) Index 2023 India is poised to become a leader for emerging markets looking to transform their economies through IP-driven innovation.