Study: Slowing Software Piracy would Create 500,000 Jobs

Paul Lilly

The Business Software Alliance has an easy way to stimulate the economy, all the government has to do is curb software piracy. In a study titled " The Economic Benefits of Reducing Software Piracy ," (PDF) the BSA contends that reducing the piracy rate for PC software by 10 percentage points -- or 2.5 points per year for four years -- would create $142 billion in new economic activity, generate $32 billion in new tax revenues, and create half a million new high-tech jobs by 2013.

"The impact of software piracy goes beyond revenues lost to the software industry, starving local software distributors and service providers of spending that creates jobs and generates much-needed tax revenues for governments around the world," the BSA writes in its report.

The BSA claims that curbing piracy would have the reverse effect, stimulating the entire IT economy. What's more, 80 percent of the benefits of cutting down on stolen PC software would accrue to local economies, and in some cases more than 90 percent, according to the study.

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