The 2025 Nobel Prize in Economics was awarded this week, highlighting the work of three economists and their contributions to exploring the connection between innovation and sustained economic growth. Joel Mokyr received half the prize for his work identifying the mechanisms that have enabled sustained growth since the Industrial revolution, whileRead More
We are delighted to present the 2025 edition of the International Property Rights Index (IPRI). Containing key insights into global property rights, the IPRI offers an unparalleled tool for policymakers, researchers, and firms to understand the importance of strong property rights protections to stimulate growth and innovation.
The index coversRead More
A new proposal for a value-based “patent tax” of 1–5% has gained support within the Department of Commerce and from Secretary Howard Lutnick. The proposed tax has the potential to devastate American innovativeness, raising the cost of R&D and reducing the incentive to push the technological envelope.
The proposed patent tax isRead More
WTO Cracks Down on Chinese IP Evasion
Aug 29, 2025
China recently lost a key tool in its intellectual property evasion playbook, with the World Trade Organization ruling in favor of the EU and finding that China’s efforts to impede legal action against its IP violating firms were against the minimum global IP protection standards set by the Agreement on Trade-Related Aspects of IntellectualRead More