India ranks 23rd in global IP Index, but ahead of China
India has been placed in the bottom half of a ranking of 24 countries in terms of protection and enforcement of intellectual property practices, but is still ahead of neighbouring China, a survey shows.india Updated: May 15, 2009 15:14 IST
India has been placed in the bottom half of a ranking of 24 countries in terms of protection and enforcement of intellectual property practices, but is still ahead of neighbouring China, a survey shows.
According to a survey conducted by European legal firm Taylor Wessing LLP, India stands at the 23rd position and is followed by neighbouring China in 'IP competitiveness' in its Global Intellectual Property Index 2009.
The UK tops Taylor Wessing's Global Intellectual Property Index (GIPI) and is followed by Germany and the US.
The index "provides the most objective assessment to date on how jurisdictions are viewed in terms of IP (intellectual property) competitiveness," Taylor Wessing claims.
India has been awarded an overall rating of 521, showing how well the country protects and enforces the intellectual property. Russia and Brazil are at 21st and 22nd positions respectively.
"The 'BRIC' countries (Brazil, Russia, India and China) remain at the bottom of rankings but all receive significantly higher ratings," it further said.
The survey was conducted globally among experts (over 18,000 country assessments to date) with analysis of empirical data and a review of any recent material changes at a local level.
The index provides an assessment of the best and worst jurisdiction to obtain, exploit, enforce and attack particular types of IP: trademarks, patents, copyrights, domain names and design rights.