What is GIPC (Global Intellectual Property Center) ?

Explanations:

The Global Intellectual Property Center (GIPC) is the principal institution of the United States Chamber of Commerce handling all issues relating to intellectual property.
The GIPC champions intellectual property (IP) rights as vital to creating jobs, saving lives, and advancing global economic growth.
The Global Intellectual Property Center was launched in October 2007 at the U.S. Chamber's 4th Annual Anti-Counterfeiting and Piracy Summit.

Objectives:

Its aims to strengthen the protection and enforcement of IP rights in the United States and abroad.
Promote and defend the system of IP rights and norms in the United States, key countries, and multilateral forums.
Increase support for IP rights as a driver of innovation and creativity.

Present Status:

India was ranked second from the bottom in the third edition of GIPC index, while the U.S. was at the top.
The first edition of 2012 mapped and compared national IP environment in 11 economies.
The current edition covers 30 economies, representing close to 80 % of world's gross domestic product.
Thailand, India, Vietnam, Indonesia, Argentina, Nigeria, Brazil and Ukraine were described as low-tier performers.
The index is based on 30 measurable criteria critical to innovation, including, patent, copyright and trademark protections, enforcement, and engagement in international treaties.
Out of the 25 sampled economies, 20 economies showed in a positive direction with 11 economies making substantial progress.
India was ranked 11 with a score of 7.23 out of 30 against 6.95 % in the last edition.
According to it, India's patentability requirements remained outside established international best practices.
Also, there is a lack of specific IP rights for the life sciences sector.
It finds high levels of physical and online piracy in India.