In a report titled ” A review of intellectual property rights risk in Asia” by Hong Kong-based Political and Economic Risk Consultancy (PERC), India has been rated to be pretty bad in terms of protecting intellectual property rights. On a scale of 10, India has been given a 6.5, where zero is the best possible score.
Indonesia tops the chart of weakest IPR protection and has been given a 8.5!
Indonesia has passed new laws aimed at improving protection of intellectual property, but the rules are not enforced effectively at all, and piracy levels in Indonesia remain among the highest in the world.
AFP reports that “the rankings largely reflect studies by the global software industry, which is alarmed by the easy availability of pirated movies and software in Asian cities despite governments’ pledges to crack down.”
The scores of other countries are as follows:
Singapore -1.5
Japan – 2.1
Hong Kong- 2.8
Taiwan -3.8
South Korea- 4.1
Vietnam – 8.4
China- 7.9
Philippines- 6.84
Thailand -6.17
Malaysia- 5.8.
PERC conducted the survey of 1,285 expatriate managers between June and mid-August this year. The Report however is not available for open access.