India continues to foster innovations – since last year it has climbed six spots to the 40th place on WIPO’s Global Innovation Index. In other news, the 301 Report by the Office of the United States Trade Representative maintained India’s ranking as one of the seven countries where protecting and...
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India continues to foster innovations – since last year it has climbed six spots to the 40th place on WIPO’s Global Innovation Index. In other news, the 301 Report by the Office of the United States Trade Representative maintained India’s ranking as one of the seven countries where protecting and enforcing IP rights presents a major challenge. Among the reasons given for this ranking is a high level of counterfeiting in the trademark sphere and US brand owners reporting frequent delays in trademark opposition proceedings. On a positive note, the report praised improvements to the efficiency of online IP enforcement, reduced examination times for patent and trademarks, and increased cooperation with the United States on IP issues.
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