Posts Tagged: "U.S. Chamber International IP Index Reception"

Iancu at U.S. Chamber Event: ‘Choose Your Partners Carefully’

Last night, February 4, the U.S. Chamber of Commerce Global Innovation Policy Center (GIPC) held a reception to launch its eighth annual International IP Index, Art of the Possible. The event featured remarks from U.S. Patent and Trademarks Director Andrei Iancu, who touted the results as a win overall for the United States in particular, as well as for the global economy, but also explained to attendees that the upcoming WIPO elections for Director General will be key in signaling to the global community that respect for IP protections and enforcement is paramount to economic development. While Iancu stopped short of endorsing any of the ten candidates the WIPO General Assembly is considering, he said the next Director General must come from a country and respects intellectual property rights. Read his remarks in full below.

The Problem of IPR Infringement in India’s Burgeoning Startup Ecosystem

For a country of 1.3 billion people who pride themselves on ingenuity, entrepreneurial spirit, and innovative thinking, a significant percentage of the Indian population is woefully unaware of trademark infringement and intellectual property theft. At the beginning of 2010, the Indian e-commerce scene was still in its nascent stage but within the next five years, the growth was unprecedented. This was a result of the rapid internet access proliferation combined with the telecom boom. The budget phone segment and the affordable data tariff pushed the tier-II and tier-III cities into the fore. Just to put things in perspective, according to recent studies, there are close to 600 million phone users in India with over 300 million smartphone owners, which is just 20 million shy of the population of the United States (as per 2018 records). With a sizeable portion of the population heavily consuming online media and transacting digitally, there is a huge market for service providers and aggregators. Leveraging the demand for such service providers, startups from all over the country have mushroomed in a frenzy. Under the current government, initiatives like “Make In India” and “Startup India” have further bolstered the growth of these SMEs.

Iancu Highlights U.S. Role in the Future of Innovation in Remarks at U.S. Chamber’s Global IP Index Reception

On February 7, the Global Innovation Policy Center (GIPC) of the U.S. Chamber of Commerce held its 2019 U.S. Chamber International IP Index Reception to announce the findings of this year’s International IP Index, which saw the United States patent system shoot from twelfth place last year to second place this year. Following are remarks delivered by United States Patent and Trademark Office Director Andrei Iancu at the event, after being introduced by GIPC President and CEO, David Hirschmann.