BSA: Piracy economic impact is tens of billions of dollars

by admin January 22, 2008 at 8:50 pm

A new study commissioned by the Business Software Alliance says that countries around the world are leaving billions of dollars of economic growth on the table due to piracy. The study was carried out by IDC and looked the potential economic impact of tighter antipiracy controls in 42 different countries.

If the amount of software piracy in the US were to be reduced by 10 percentage points over the next four years, IDC believes the end result would be $41 billion in economic growth, $7 billion in additional tax revenues, and the creation of over 32,000 new jobs. In countries with higher rates of piracy, the impact would be even greater.

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