Georgia promoted to in Property Rights Alliance’s Int'l Property Rights Index

Georgia’s National Intellectual Property Centre on Friday said the country had advanced to the 66th place in the Property Rights Alliance’s International Property Rights Index and gained “international recognition” on its improvement of intellectual property protection.

The body said the rankings, published last week, placed Georgia in the position out of 125 countries globally and on the 15th place in rankings of Central Eastern Europe and Central Asian region with a score of 4.918, a promotion of six places compared to last year’s results.

The Centre said the Index, which it called “one of a kind” in the world and “entirely dedicated” to measuring intellectual or physical property rights, was determined by legal and political environment, protection of physical property and protection of intellectual property.

It also stressed the increase in intellectual property rights “sub-index scores” had contributed “significantly” to the improvement of Georgia's rating. In the 10-point system, the total index of intellectual property of Georgia increased by 1.039 points. In separate sub-indices, patent protection was determined with 5.017 points, trademark protection - with 5.082 points.

Georgia has also advanced to the 65th place out of 132 countries in the World Intellectual Property Organisation’s Global Innovation Index with a score of 29.9 - a promotion of nine places compared to last year’s results - with the Centre crediting the “recent push in innovation-oriented policies” for the outcome.