1 Percent Rise in Use of Properly Licensed Software to Add US$50 Mln Boost to Vietnam’s Economy, BSA Study

11:35:58 PM | 5/27/2013

A new study from The Software Alliance (BSA) and INSEAD, one of the world’s leading business schools, finds that increasing the use of properly Vietnam than allowing similar growth in the use of pirated software.
 
A 1 percent increase in use of licensed software would generate an estimated US$87 million in national production, compared to US$37 million from a similar increase in pirated software — meaning properly licensed software would deliver US$50 million in additional economic value.
 
“Using properly licensed software reduces risk and creates operating efficiencies that go directly to the bottom line for enterprises,” said Roland Chan, BSA’s Senior Director, Marketing - Asia Pacific. “This study confirms that licensed software is not just good for firms — it is an important driver of national economic growth. Government, law enforcement, and industry in Vietnam should take every opportunity to reap these potential gains by reducing piracy and promoting use of properly licensed software.”
 
The study also finds that each additional dollar invested in properly licensed software has an estimated return on investment (ROI) of US$94. This compares to a US$9 return from each additional dollar worth of pirated software put into use.
 
The study’s other finding shows that increasing the amount of licensed software used in the Asia Pacific by 1 percent would add US$18.7 billion to the regional economy, compared to US$6 billion from pirated software, meaning a US$12.7 billion difference.
T.N