India in International IP Index
26th Feb 2023
Myonlineprep
Category:
India in International IP Index
- India ranks 42nd among 55 leading global economies on the International IP Index released by the US Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation.
The report
- The report covers everything from patent and copyright laws to the ability to monetize IP assets and the ratification of international agreements.
- India has maintained continued strong efforts in copyright piracy through the issuing of “dynamic” injunction orders.
- India not only has generous R&D and IP-based tax incentives, but also has a strong awareness-raising efforts regarding the negative impact of piracy and counterfeiting.
- It is a global leader on targeted administrative incentives for the creation and use of IP assets for SMEs.
- India has taken steps to improve enforcement against copyright-infringing content and provides a best-in-class framework to promote better understanding and utilisation of IP assets.
Take Free Quiz Now! (2 Question)
Like this article?
Subscribe to Myonlineprep - English to receive daily updates of the latest articles delivered straight to your inbox.
Trending
India Celebrates National Milk Day on 26th November
26th Nov 2022
Chief Minister Yogi Adityanath inaugurates north India’s first data centre at Greater Noida
2nd Nov 2022
‘Safe harbour’ clause in IT law
10th Mar 2023
Government approved Electronics Manufacturing Cluster at Ranjangaon
3rd Nov 2022
India The First Country in The World to Receive $100 billion in Remittances
7th Dec 2022
Comments (0)