U.S. Ranked #1 on Chamber of Commerce 2017 IP Index
Mar 22nd, 2017 by David Puleo | News | Recent News & Articles |
Last month, The United States Chamber of Commerce (USCC) released the 5th Edition of the International IP Index, entitled “The Roots of Innovation”. The Index, which posts on the USCC’s Global Intellectual Property Center (GIPC) website, was established to highlight the importance of intellectual property (IP) in catalyzing economic growth and development, as well as to cultivate healthy competition between nations. In the current Edition, David Hirschmann, President and CEO of the USCC GIPC, likens IP to a tree. “Just as a tree cannot grow without roots, innovation cannot thrive without intellectual property.” At the most basic level, IP leads to job creation (statistics can be found here on the GIPC website). On a larger scale, IP promotes cross talk and collaboration between multidisciplinary fields, such as medicine, science, and finance.