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Since the first edition of the U.S. Chamber International Intellectual Property Index (IP Index) in 2012, countless new life-changing technologies, life-saving medicines, and life-enhancing creative works have improved our human experience. We can do so much now that we couldn’t do before.
And it’s all because innovators everywhere strove toward the art of the possible. They recognized that the possible isn’t an immoveable fixture; it’s elastic, it’s evolving, and it’s constantly bounding forward. The possible isn’t easy or plain; it’s hard-fought and speculative.
The 2020 U.S. Chamber International IP Index creates a template for economies that aspire to become 21st century, knowledge-based economies through more effective IP protection. With a robust IP ecosystem, economies can unleash the Art of the Possible, taking the ideas and creations of the mind and transforming them into the next generation of technologies, medicines, and creative works that enrich our lives. Economies large and small and developed and developing can leverage effective IP standards to foster innovation and creativity, attract greater foreign direct investment (FDI), and stimulate economic and global competitiveness.
The Index evaluates the IP framework in each economy across 50 unique indicators which industry believes represent economies with the most effective IP systems. The indicators create a snapshot of an economies overall IP ecosystem and span nine categories of protection: patents, copyrights, trademarks, design rights, trade secrets, commercialization of IP assets, enforcement, systemic effciency, and membership and ratification of international treaties.
Global Innovation Policy Center @globalIPcenter 17h
@USChamber @USTradeRep @KMAndersonDC #IPindex2020 illustrates how countries with FTAs with the U.S. have more robust & effective IP standards than those without them...the Chamber believes the USMCA was a significant missed opportunity to elevate IP standards with two of the United States’ largest trading partners. https://t.co/lRLjCui3OA