“The price of bad IP policy is high by undermining access to new technologies, medicines and creative entertainment around the world.” – David Hirschmann, US Chamber of Commerce, GIPC
The Global Innovation Policy Center (GIPC) of the U.S. Chamber of Commerce has issued its 11th.th Today’s annual International IP Index looks like a more gloomy tone compared to past reports. Eighteen economies made modest improvements in IP protection, while 28 economies, including many high-scoring countries such as the US and UK, had a 0% change in score. Only two countries had a 0% change in the 10th edition of the index.
The index covers 55 economies that “account for the majority of global economic output and together contribute more than 90% of global GDP.”
Anti-IP policy proposal
The report warns in part that recent proposals at the multilateral and national levels threaten to undermine the intellectual property framework. The United States is considering various changes to its patent system to bring down drug prices. Among other things, the proposal of the European Union to shorten the period of regulatory data protection.
“Storm clouds gathering on innovators and creators as intellectual property faces policy headwinds, new report warns,” the Chamber of Commerce press release announcing the index reads. GIPC Executive Vice President David Hirschmann said:
“Recent actions by the United States, such as price controls in the Inflation Reduction Act and proposals for intellectual property restrictions in the World Trade Organization, are undermining our ability to defend the rights of creators and innovators. If so, who will lead? The price of bad IP policy is high by undermining access to new technologies, medicines and creative entertainment around the world.”
of Inflation Control Act 2022 The U.S. government can negotiate drug prices under a framework set based on the time the drug is spent in the market. A report published in July 2022 found that such measures would have a significant negative impact on patient access to new treatments, as they would significantly cut funding for research and development.
The GIPC strongly opposed the May 2021 decision by the United States to support the abandonment of intellectual property rights for COVID technology, and in June 2022 Senior Vice President Patrick Kilbride commented: I’m here. Her two years spent debating intellectual property abandonment was a waste of precious time and a missed opportunity to address the real issue. ”
The 2023 Index attributes much of the report to COVID IP waiver decisions as “going in the wrong direction” and IP rights policies in many EU countries as generating “mixed signals”. I’m here.
not all bad
Last year’s International IP Index analyzed 10 years of data and found that the global IP landscape has steadily improved overall, including during the COVID-19 pandemic, and that emerging economies in particular have strengthened their IP regimes. made a conscious decision to While this year has largely focused on his IP economy in a potentially stagnating world, there have been some bright spots.
2022 saw significant progress in Peru, Brazil, Canada, and the United States, with significant action against piracy and copyright-infringing online content. The report also touts the positive economic impact of 5G technology enabled by a strong IP framework. According to the Index, 5G deployments have contributed more than $100 billion to U.S. GDP, and “studies show that the 5G standard will contribute $1.5 trillion to U.S. GDP and create 16 million jobs in the U.S. by 2025.” is estimated to create or transform the
However, the report warns that the continued rollout of 5G and other information and communications technologies will create barriers to licensing and could be threatened by a trend toward policies targeting standard-essential patents (SEPs). I’m here.
Scores for the biggest players remained roughly flat, but showed some improvement. France’s score increased him by 1.02% to 93.12%. China’s score rose 2% to 57.86%. Both Thailand and Morocco’s scores jumped him by 2.50%. While the US rate of change was 0% for him and he remained at 95.48%, Russia’s score plummeted to 21.62% for him due to wartime IP policies put in place to punish international rights holders. bottom.
