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HIGHLIGHT

Chamber Releases Index on World
IP Policies

By the U.S. Chamber

The Chamber today released its 5th annual International back from endless innovative potential”, said Mark Elliot,
IP Index, “The Roots of Innovation”, rating 45 world executive vice president of GIPC. “Each year, this report attempts

economies on patents, trademarks, copyright, trade secrets, to highlight best practices among the world’s intellectual property

enforcement, and international treaties. The economies environments. In 2017, many of the same challenges remain.

benchmarked in the 2017 Index account for 90 percent of global Emerging markets, such as India, have made incremental gains

gross domestic product (GDP). and embraced positive rhetoric with their IPR policies, but they

have not yet followed up with the legislative reforms innovators

“Just as a tree cannot grow without roots, innovation cannot thrive need. Some developed countries, including Canada and Australia,

without intellectual property”, said David Hirschmann, president continue to implement policies that undermine their proud

and CEO of GIPC. “In the 2017 International IP Index, we traditions of IP-led innovation. And even world leaders such as

provide both an IP report card for the world and a guidebook for the U.S. have room to grow and improve.”

policymakers seeking to bolster economic growth and innovation.

The Index ranks the IP systems in Algeria, Argentina, Australia,

“This year’s Index shows that a clear pack of leaders has emerged: Brazil, Brunei, Canada, Chile, China, Colombia, Ecuador, Egypt,

the United States, United Kingdom, Japan, and the European France, Germany, Hungary, India, Indonesia, Israel, Italy, Japan,

Union. But all that invest in the systemic recognition and Kenya, Malaysia, Mexico, New Zealand, Nigeria, Pakistan, Peru,

protection of IP stand to reap the benefits: foreign investments, Philippines, Poland, Russia, Saudi Arabia, Singapore, South Africa,

healthier home-grown industries that export innovative products, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand,

and a reputation as a place where the world can do business. Turkey, Ukraine, United Arab Emirates, United Kingdom, United

From the most developed countries to the least, countries that States, Venezuela, and Vietnam.

demonstrate a commitment to IP will reap a reward.”

The Chamber’s Global Intellectual Property Center is working

“Governments from East to West all want the same thing: around the world to champion intellectual property (IP) rights
as vital to creating jobs, saving lives, advancing global economic
CHAMBER12
economic growth. Now more than ever, world economies must growth, and generating breakthrough solutions to global

choose whether they will grow forward into the future or shrink challenges.
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