Intellectual property is Patents, Copyrights, Trademarks and Trade Secrets.

Q.  Which of the following sector/sectors comes under intellectual property?

1) Patents
2) Trade secrets
3) Trademarks

- Published on 11 Feb 16

a. 1, 3
b. Only 1
c. 1, 2
d. All of the above

ANSWER: All of the above
 
  • Intellectual Property includes Patents, Copyrights, Trademarks and Trade Secrets.
  • The U.S. was ranked first in intellectual property index, followed by the UK, Germany, France and Sweden. India’s peers in the BRICS grouping were all ranked ahead with Russia ranked 20th, China (22nd), South Africa (26th) and Brazil (29th). The 38 economies benchmarked in the 2016 Index accounts for nearly 85 per cent of the global GDP.
  • The Index - produced by the Chamber’s Global Intellectual Property Center (GIPC) - is based on 30 criteria critical to innovation including patent, copyright and trademark protections, enforcement, and engagement in international treaties, the Chamber said. India remains at the bottom of the Index for the fourth year in a row, the GIPC report said.

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