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Licensed software could pay dividends for economic growth

Update: May, 25/2013 - 09:23

HA NOI (vns)— A 1 per cent rise in the use of properly licensed software would add US$50 million to Viet Nam's economy, according to a new study

The study by Software Alliance (BSA) and INSEAD, one of the world's leading business schools, found that a 1 per cent increase in the use of licensed software would generate an estimated $87 million in national production, compared to $37 million from a similar increase in pirated software.

The study, entitled the Economic Impact of Properly Licensed Software, draws on data from 95 economies, including 15 in the Asia Pacific.

"Using properly licensed software reduces risk and creates operating efficiencies that go directly to the bottom line for enterprises," said Roland Chan, BSA's marketing director for Asia and the Pacific.-VNS

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