Essay Archive - Economic Consequences of Software Crime
Economic Consequences of Software Crime
In 1996 worldwide illegal copying of domestic and international software
cost $15.2 billion to the software industry, with a loss of $5.1 billion in
the North America alone. Some sources put the total up-to-date losses, due
to software crime, as high as $4.7 trillion. On the next page is a
regional breakdown of software piracy losses for 1994. Estimates show that
over 40 percent of North American software company revenues are generated
overseas, yet nearly 85 percent of the software industry’s piracy losses
occurred outside of North America.....
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