Intellectual property protection is crucial for software innovation. It encourages research and development that creates jobs in the US and around the world. That is why BSA is so pleased that USTR prioritized trade secret and patent protection in its Trade Policy Forum (TPF) discussions with India this week. TPF is an important bilateral dialogue to promote policies targeted at advancing trade between both countries. As such, it is encouraging that the impact of IP on digital trade and job creation was reflected on the agenda of yesterday’s meeting. BSA has been working with both the US and Indian government to help inform TPF discussions and provide the perspective of the software industry.
We appreciate that the US and India included a dialogue focused on the importance of protecting trade secrets. Trade secrets are a critical tool for the innovation economy because they enable software companies to protect their hard-earned research and development and thus, continue to foster innovation. BSA supported passage in the US of the Defend Trade Secrets Act (DTSA), and we are pleased that the importance of civil and criminal trade secret protection was discussed at the event. Other positive outcomes of the meeting include commitments to support liberalization in the IT services area and to promote the digital economy.
India is well on its way to developing a world-class IT sector. For example, on the strength of its dynamic human capital and extensive investments in research and development, it leapt 10 ranking positions in the 2011 edition of the 66-nation IT Industry Competitiveness Index, created for BSA by the Economist Intelligence Unit. But India … Read More >>
The point of having standards is to create a consistent set of rules, or models, for all parties to follow. That point seems to be lost, though, on governments in many emerging markets. When it comes to technology, countries like China and India are trying to create their own patchwork of unique standards — many … Read More >>
After a week of meetings with policymakers and business leaders in New Delhi, I leave convinced India is on the right path to achieve its goal of becoming a power center in the global IT economy. As I noted a few days ago, the country is moving rapidly up the leader board in IT industry
“Technology has transformational power,” the Government of India declares in its 2011 National Policy on Information Technology. “It is a great leveler of opportunity within and across economies.” This observation is undeniably true, and India is well on its way to achieving its aspiration of harnessing technology innovation to become one of the world’s leading … Read More >>