Digital Piracy

Digital Piracy

Introduction

The issues regarding theft of intellectual properties are not new in today's digital world. These issues are a major concern for both, organizations and governments. The copyright protection has been the most affected area of digital piracy. Many researches prove that illegal copying of intellectual properties costs numerous companies billion dollar losses in revenues, but also affect innovation strategies of companies. However, it is only one side of the picture. On the other side, piracy or copying has its positive effects including expansion of global markets, and strong network effects. The internet has given rise to digital piracy, and ...