December 08, 2005

Study: Big benefits from reduction of software piracy

Curbing global software piracy would create million of jobs and boost economic growth

"There's the question of whether or not piracy is good or bad, for both the software companies and society," Self wrote. "What we need is a cost-benefit analysis of this situation ... Presumably, each pirate copy represents some productivity gain for the person using it. I don't know how to quantify the market efficiency loss, and I don't know that it goes beyond the real ... lost revenues of the software company."

The BSA's Holleyman argued Thursday that consumers, as well as businesses and governments, would reap the economic benefits of reduced piracy.

According to the study, a 10-point drop would:

-- Generate $67 billion in worldwide tax revenues in four years.

-- Triple the size of Russia's IT sector from $9.2 billion today to $30 billion in four years.

-- Boost the U.S. economy by $125 billion in four years. The U.S. has the world's lowest rate of software piracy at 21 percent, according to BSA.

-- Add add $19 billion to the U.K. economy in four years.

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