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IP Index to rank best and worst jurisdictions

Managing Intellectual Property

A new index, to be published in May, will provide the first-ever statistical comparison of IP protection in the world’s leading economies

The Global IP Index, launched this week by law firm Taylor Wessing, is being developed and managed with the support of risk/reward management firm Z/Yen. It will provide ratings of different jurisdictions calculated by a so-called factor assessment model.

This model combines instrumental factors (such as the number of cases, specialized judges or IP lawyers) and jurisdiction assessments (assessments drawn from respondents to an online questionnaire).

IP practitioners worldwide are invited to complete the online questionnaire to rate a jurisdiction’s regime for obtaining, exploiting, enforcing and attacking different types of IP rights.

The Index covers patents; trade marks and designs; and copyright. Respondents can answer questions about just one of these areas, or about all three where they feel they have sufficient knowledge to answer.

The survey is live until March 3, and all respondents who take part will receive a soft copy of the report. All answers will be kept confidential and will only be used to compile the Index.

Once completed, the Index will provide a statistical analysis of the best and worst jurisdictions for IP protection and enforcement.

Roland Mallinson, a partner of Taylor Wessing who is leading the project, said: “This major new study is an exciting project for us. The IP world is full of anecdotes and prejudice about which jurisdictions are IP-friendly or not. With the help of those willing to spare a few minutes to complete a short and simple questionnaire, we are looking to replace that with a more objective IP study of the world’s major economies.”

He added: “The final ranking combines the survey results with other empirical data. We believe the Global IP Index will be a very useful resource for those who deal with IP internationally. The results could well dispel a few myths. Let’s see.”

Last year Z/Yen published the Global Financial Centres Index, which compared and ranked 46 financial centres. In both editions of the report, published in March and September last year, London was ranked first, with New York second and Hong Kong third.