How Software Piracy Could Affect The Economy

Software piracy is a very interesting issue that is being dealt with in the United States. The government has been implementing very strict measures against software piracy. Well, any person who uses counterfeit software will be deprived from the privileges in getting authentic software. For instance, a person who uses counterfeit software will not have access to customer service. Though he has gotten the software for free, he will not be assisted regarding any software-related problem that he might encounter. But stricter measures are being implemented basically because software piracy can cause some negative effects in the economy.

Slows economic growth rates

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Among the top negative effects of software piracy is that it could really slow down a country’s economic growth rate. Of course, every state would want to improve. Thus, certain things that prevent its growth should be eliminated. That is why it is not a surprise that software piracy is being seriously dealt with in the United States. Economic growth is slowed mainly because the number of software developers who enter the market start to decline.

Prevents economic development

A study conducted by economic experts in Texas shows that the countries which have very high software piracy rates have suffered from low rates of economic development. Statistics show that there are rates of software piracy in countries like Armenia, Azerbaijan, and Moldova. Research suggests that software piracy could not only slow the economic growth of a state but prevent it as well.

Reduces employment rates

Another negative effect that software piracy could bring is the reduction of employment rate. Among the countries which have really been affected by software piracy in a big way when it comes to employment, is India. Experts say that reducing software piracy in that country would be able to generate more than fifty nine thousand jobs and generate billions of dollars in new taxes.

Negatively affects businesses

The economy could not grow if businesses are getting sued because of copyright infringement. Hundreds of thousands of company around the world are being sued because of using counterfeit software. Basically, encouraging piracy could not only cause financial loss in the company but it could also lead to negative publicity and private embarrassment. The image of a company must be upheld at all costs and that is why using authentic software is important.

Software piracy is a crime. Fines for each counterfeited software program could reach up to 150,000 dollars. Sometimes, it could reach up to 250,000 dollars including imprisonment. If you have a business, it is important to use authentic and original software for your computers. This is to ensure that you would not encounter all the hassles that are tagged with counterfeit software.

If you need authentic software for your business, you could always rely on US Wired. It is an authorized reseller of authentic software programs that you might need for your business. A part of its work is to continual monitor every aspect of your network by checking performance, patches, system replacement, changes, warranty, and others more. Services are offered at very reasonable rates.


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