The tenth annual U.S. Chamber International IP Index evaluates IP rights in 55 global economies across 50 unique indicators — from patent and copyright policies to commercialization of IP assets and ratification of international treaties. The Index illustrates that economies with the most effective intellectual property (IP) frameworks are more likely to achieve the socio-economic benefits needed to face our biggest challenges, like COVID-19.
Twenty-eight economies’ scores remained unchanged, illustrating that progress to improve global IP protection may be stagnating.
The future of IP-driven innovation hangs in the balance as negotiations to preemptively weaken IP rights continue at the World Trade Organization, World Health Organization, and in world capitals, with the ominous possibility of a substantial erosion of the global IP framework.
Not only did IP-intensive technologies like 5G keep the world connected throughout the pandemic, but they also pack a powerful economic punch, producing a significant and positive economic impact.
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