IP Economy Strongest in U.S., Says Chamber of Commerce Global IP Center Report

The U.S. had the highest IP protections rating in a report released Wednesday by the U.S. Chamber of Commerce’s Global IP Center. The report was done by Pugatch Consilium, a market research firm, and analyzed the IP economies of 30 countries that account for nearly 80 percent of global GDP, it said. Countries were measured against 30 IP indicators, which included protections for patents, copyrights, trade secrets and IP enforcement both online and according to international treaties. The highest possible score was 30. The U.S. (28.53), the U.K. (27.61), Germany (27.28), France (27.16) and Singapore (25.38) had the highest scores. Thailand (7.10), India (7.23) and Vietnam (7.84) had the lowest scores. “Although the United States has introduced several successful initiatives to shut down rogue websites -- such as the ‘In Our Sites’ operation -- for a top-tier economy, it scores poorly in the enforcement indicators due to ineffective border measures to seize counterfeit goods,” the report said.