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U.S Chamber's Global Innovation Policy Center released the 12th edition of the International IP Index

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Ahora estás leyendo: U.S Chamber's Global Innovation Policy Center released the 12th edition of the International IP Index
Tiempo
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4 min
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*Noticia del boletín de la U.S Chamber

The U.S. Chamber’s Global Innovation Policy Center (GIPC) on February 22 released the 12th edition of its International IP Index (IP Index), underscoring the pivotal role of intellectual property (IP) rights in driving innovation, creativity, economic investment, and improving quality of life.

U.S. Chamber Executive Vice President Thomas Quaadman commented:

“From its inception, the United States has led the world in safeguarding the innovations and creations of inventors, entrepreneurs, and artists, but recent government actions threaten to cede America’s competitive advantage and are cause for deep concern. The Biden Administration’s unprecedented proposal to confiscate the intellectual property of businesses in sectors like medicine and energy will damage the nation’s ability to lead tomorrow’s innovation economy.»

“The push by multilateral organizations to coerce companies to surrender their technology and know-how to foreign competitors is something the U.S. Chamber is actively fighting against.”

Highlights from the 2024 International IP Index include:

Global Landscape: The Index evaluates the IP frameworks of the world’s top 55 economies, revealing significant improvements in 20 economies. While the United States is once again the world leader, there were notable advancements led by Saudi Arabia, Brazil, and Nigeria. However, challenges persist, as 27 economies showed no change and eight experienced declines due to weak IP enforcement.

Policy Pitfalls: The report calls attention to critical debates and policy proposals that could impact global IP rights, including discussions on IP waivers in Geneva, confiscation of business property through “march-in” abuse in the U.S., and proposals to reduce IP standards in the EU, all of which jeopardize the future trajectory of global IP policy.

Progress on Piracy: Progress in combating online piracy is highlighted, with new economies like Argentina and Brazil adopting dynamic injunctions to protect copyrighted works online.

Additionally, the top 10 economies for strong IP rights this year were as follows: United States (95.48%); United Kingdom (94.12%); France (93.12%); Germany (92.46%); Sweden (92.12%); Japan (91.26%); Netherlands (91.24%); Ireland (89.38%); Spain (86.44%); and Switzerland (85.98%).

For further information, please contact Global Innovation Policy Center Executive Director Kelly Anderson (kanderson@uschamber.com).

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