Intellectual Property (IP) Index
- India ranked 44/50
- Index prepared by US Chamber of Commerce
- The index was released as part of annual report prepared by the Global Innovation Policy Center (GIPC) of the US Chambers of Commerce
- In 2017, India was ranked 43/45
- US is ranked 1
- India related points:
- Despite improvement in score, India continues to remain towards bottom of ladder.
- India has demonstrated long-standing and clear commitment to increasing awareness of importance of IP rights and respect for creators and innovators. However, India has long way to go.
- India’s ranking reflects relatively strong performance in new indicators as well as positive reform efforts on patentability of computer-implemented inventions (CIIs) and registration procedures for well-known marks.
- ‘Guidelines on the Examination of Computer-Related Inventions’ issued by India in July 2017 has significantly improved patentability environment for technological innovations.
- India’s score continues to suggest that additional, meaningful reforms are needed to complement the policy.
- Among key areas of weaknesses are limited framework for protection of life sciences IP, lengthy pre-grant opposition proceedings, patentability requirements outside international standards, previously used compulsory licensing for commercial and nonemergency situations, limited participation in international IP treaties and no participation in international PPH (Patent Prosecution Highway) tracks.