Monday, May 18, 2015 9:54 am | By Andrea Rondón García*
The 2014 edition of the Property Rights Index was presented at the headquarters of CEDICE on October 28, 2014. The principal object of this Index is to evaluate the consistency of the property rights protection system across the world. The presentation got numerous reviews on Report No. 4 from the Property Rights Observatory. (http://paisdepropietarios.org/home/wp-content/uploads/2014/12/PDF-Informe_4-Indice-Derechos-de-Propiedad.pdf).
During the presentation, Venezuela ranked last - 97th among 97 countries that were evaluated. In one of the three components: “Intellectual Property Rights”, Venezuela was ranked 96th. This component is comprised of three items: “protection of Intellectual Property Rights”, “patent protection”, and “copyright piracy”.
US to Consider Patent Box Legislation
Thursday, May 7, 2015 5:47 pm | By Alexander Hendrie
Earlier this week, congressional tax writers began discussing implementation of patent box legislation. Patent boxes, sometimes known simply as innovation boxes grant businesses a tax break for income that is derived from intellectual property. While each patent box has its own mechanisms, this generally includes income from licensing of IP, and any good or service provided related to IP. Introducing this mechanism will help place the US again become a business friendly economy and encouraging stronger innovation.
PRA Celebrates World Intellectual Property Day
Friday, April 24, 2015 5:28 pm | By Lorenzo Montanari
On April 26, innovators and creators across the globe recognize World Intellectual Property day, and the important contribution of IP to the innovative global economy. IP rights are the driving force behind modern economic growth, creating valuable technology used across all industries, improving and streamlining business practices, increasing economic productivity, and creating millions of jobs. World IP day is a time to congratulate the work of all stakeholders committed to strengthening this vital protection, and recognizing the contribution of innovators and creators across the planet.