US Chamber Releases Index on World IP Policies

Report on IP trends to be launched in Indonesia with AmCham event on February 21

By Staff Writer
Tuesday, February 14, 2017

The US Chamber of Commerce on February 8 released its 5th annual International IP Index, “The Roots of Innovation,” rating 45 world economies on patents, trademarks, copyright, trade secrets, enforcement and international treaties. The economies benchmarked in the 2017 Index account for 90 percent of global gross domestic product (GDP).

“Just as a tree cannot grow without roots, innovation cannot thrive without intellectual property,” said David Hirschmann, president and CEO of GIPC. “In the 2017 International IP Index, we provide both an IP report card for the world and a guidebook for policymakers seeking to bolster economic growth and innovation.

The 2017 report will also be launched at a joint AmCham-US Chamber event next week in Jakarta as part of a special “Innovation” mission on Patent Law implementation and IP issues that will feature three days of meeting between companies and the Indonesian government.

In recent years, Indonesia has shown some progress on piracy and copyright issues due to greater enforcement, although it still languishes toward the bottom of the pack among the 45 countries ranked.

“IP issues are at the heart of the new economy,” said AmCham Managing Director A. Lin Neumann. “Companies are closely watching for signs of progress in Indonesia’s IP protection regime.” 

“This year’s Index shows that a clear pack of leaders has emerged: the United States, United Kingdom, Japan, and the European Union,” said Hirschmann, “But all that invest in the systemic recognition and protection of IP stand to reap the benefits: foreign investments, healthier home-grown industries that export innovative products, and a reputation as a place where the world can do business. From the most developed countries to the least, countries that demonstrate a commitment to IP will reap a reward.”

The Index ranks the IP systems in Algeria, Argentina, Australia, Brazil, Brunei, Canada, Chile, China, Colombia, Ecuador, Egypt, France, Germany, Hungary, India, Indonesia, Israel, Italy, Japan, Kenya, Malaysia, Mexico, New Zealand, Nigeria, Pakistan, Peru, Philippines, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Venezuela, and Vietnam.

In recent years, Indonesia has shown some progress on piracy and copyright issues due to greater enforcement, although it still languishes toward the bottom of the pack among the 45 countries ranked.

The Chamber’s Global Intellectual Property Center is working around the world to champion intellectual property rights as vital to creating jobs, saving lives, advancing global economic growth, and generating breakthrough solutions to global challenges.

The full 2017 Global IP Index Report can be found here.

Usage of the AmCham Indonesia website states your compliance of our Terms of Use