Taiwan ranks 20th in 2018 International IP Index

Taiwan gets good marks for its Intellectual Property environment.

Taiwan gets good marks for its Intellectual Property environment. (CNA photo)

Taiwan ranked 20th in the international intellectual property (IP) index issued Thursday by the Global Innovation Policy Center (GIPC) of the U.S. Chamber of Commerce.

The GIPC report released its International IP Index, "Inspiring Tomorrow," which assesses the IP environments of 50 world economies representing 90 percent of global GDP in 2018.

In the report, Taiwan's ranking remained the same as in 2017, with a score of 28.05 points, among the 50 countries surveyed, while China ranked 25th, according to the report.

Among Asian countries, Taiwan came behind Japan in eighth, Singapore at 10th and South Korea in 13th. The United States, Britain and Sweden took the top three positions.

Taiwan earned a full score of 1 point in seven out of eight categories, while it received full scores in the sub-indexes for protection duration, patent requirements and patent legislation standards out of a total of 45 sub-indexes, the report showed.

Although Taiwan's authorities implemented an amendment to the Pharmaceutical Affairs Act last year to reinforce the IP protection environment and extend patent protection from 12 years to 15, the report pointed out that Taiwan still lags behind in the protection of digital patents and efforts to stop Internet plagiarism. (By Chiang Chin-yeh and Flor Wang)

Updated : 2021-03-08 00:38 GMT+08:00