Counterfeiting And Piracy Essay

1574 Words4 Pages
bulb-icon

Recommended: Importance of intellectual property

Introduction Counterfeiting and piracy has affected the economy worldwide and is continuously growing at a steady pace. Counterfeiting can be defined as the manufacturing of any product with the intentions of closely resembling the appearance of another product to mislead consumers into thinking that they have the authentic creation. Examples of counterfeiting include trademark infringement, copying of packaging, copyright infringement, or copying any other significant features in another product. Piracy can be defined as the production and distribution of products and materials that are copyright protected while making such materials available on online networks without the authorization of the right owner which is required by law. There are …show more content…

This includes negative effects on employment, innovation and growth, environment and criminal activities. Section 1.1 Employment Over the years counterfeiting and piracy has have a negative effect on employment. According to the AFP (Australian Federal Police) the Annual loss of jobs were 100,000 in the EU due to Counterfeiting and 750000 jobs in the United States. The tremendous loss of jobs is increasing rapidly over time which is consequently affecting the world economy. There are a number of reasons as to why this is happening. The first reason has to do with companies and businesses losing revenue which in turn affect employment. These businesses and companies lose revenue due to the counterfeiting of their product. When infringement parties make the counterfeit goods, consumers will most likely be attracted to buying these goods because most likely it would be selling at a much lower price compared to the original. This therefore decreases the demand for this product and therefore means that some of the market shares are being lost from the company. According to an article in the Pacific Business Review International, 25% of market shares are lost due to counterfeiting and piracy in India. Due to the fact that companies lose revenue, this means that they might not be able to maintain the current workforce that they currently posses. This would result in companies cutting jobs and possibly completely eliminating job positions all together. Approximately 2.5 million jobs have

Show More
Related

  • Argumentative Essay On The Book Thief

    445 Words  | 1 Pages

    “I am haunted by humans” (Zusak 550). The Book Thief by Markus Zusak is about the horrors of World War II. Liesel and her family help out an old friend by hiding a Jew. Liesel also steals her first book when she at her brother’s funeral. Liesel Meminger’s remarkable actions like feeling good when she steals a book and her family hiding a Jew help demonstrate why Death is “haunted by humans”.

    Read More

  • Nt1310 Unit 2 Case Study

    419 Words  | 1 Pages

    In the case study “Pirates”, there is a debate of should copyrights been protected or not, or should illegal pirating been allowed? (Brusseau, 2012). One argument states that the copyright should be protected since it is an intellectual property. On the opposite, the argument argues that people who cloning the CDs may purchase the CDs themselves or given the original CDs by someone else, they own this property now, and they can do what they want with it.

    Read More

  • The Book Thief: Personal Essay

    564 Words  | 2 Pages

    Reading a book is in many ways the same as exercising the muscles in your arm, as you are feeding your brain new information and ideas of life. Life is short and I believe that you should always be positive and do the things that you want without people telling you that you are wrong. The following Novels have taught me various aspects, which I have and still am using to make my life a memorable one as well as a positive one.

    Read More

  • Piracy in China

    1307 Words  | 3 Pages

    Piracy costs people their jobs. Companies, such as Microsoft, cannot afford to pay thousands of employees if the companies do not make money from their products. Companies have been reluctant to outsource software development to China, which hurts Chinese software developers, because the companies fear that the software will be leaked to the public. The music industry suffered a “14 percent drop in album sales from 1999 – 2002 largely because of pirated music” (Ryan 2003). Record labels no longer make as much profit from CDs, which has forced them to lay off employees.

    Read More

  • Pros And Cons Of Piracy Laws

    1340 Words  | 3 Pages

    Have you ever seen a movie that cost you $250,000 and five years of your life? Because that is what committing the crime of physical piracy costs you. There are two different types of piracy such as digital and physical. Both have the same principal behind them. Many people don’t consider piracy as a real crime. Because there is no physical evidence of digital piracy, often people see nothing wrong with what they are doing. In reality, they are committing a similar crime as the person who walks in a store and steals a DVD. In both cases, the patron is responsible for his or her actions and should be punished justly. The definition of stealing is to take another person’s property without legal permission and without intending to return it. Stealing is not only morally wrong, but can also get someone in trouble with the law. Piracy has become more of a trend and easier than ever with the new digital age.

    Read More

  • Normative And Informative Susceptibility

    2022 Words  | 5 Pages

    Consumer attitudes are influenced by social pressure which is inclusive of informative and normative susceptibility (Ang, et al., 2001; Bearden, Netemeyer, & Teel, 1989; Wang, Zhang, & Ouyang, 2005). Normative consumers are more concerned with impressing others and ensuring that their behaviors are based on the expectations of others. Since counterfeiting is an unethical and illegal activity and involvement in such an activity does not project a positive image, therefore normative consumers would have negative attitude towards counterfeit products (Ang, et al., 2001; Lord, Lee, & Choong, 2001; Penz

    Read More

  • Golden Age Of Piracy Essay

    2416 Words  | 5 Pages

    In 1860, Charles Eden and his companions travelled to the ruined city of Leon in Nicaragua, to scale the nearby volcano of El Viejo. From his account of this journey, within first edition of The Alpine Journal in 1864, was the earliest known mention of the phrase ‘golden age of piracy’ is used. The ‘golden age of piracy’ is a problematic term, both to define and to use in historiographical debate. Piracy on the one hand, according to the Oxford English Dictionary, is “the practice of attacking and robbing ships at sea.” While within the same dictionary, the term ‘golden age’ is defined to be “an idyllic, often imaginary past time.” A contrasting and contradictory pair to place together, yet this term was given to encompass the three outbreaks of piracy in the early modern world; the Buccaneering period, the

    Read More

  • Intellectual Property Rights and the Piracy War in China

    3290 Words  | 7 Pages

    With the boom of technology in China and the new capitalism ideas, China also has a huge piracy problem. According to the International Intellectual Property Alliance's 2003 report on China, the piracy problem in China creates $1.85 billion in 2002 alone with 90% piracy rates for all copyrighted materials.5 This piracy problem affects negatively on China's global relations and economic improvements. China's current copyright laws are still in its teenage years, and the fast pace of technological advancement isn't helping either.

    Read More

  • The Evolution of Piracy

    4379 Words  | 9 Pages

    The protection of trade in general has always been considered as essential to the defense of the commonwealth, and, upon that account, a necessary part of the duty of the executive power.

    Read More

  • Counterfeiting: Were In The Money

    1060 Words  | 3 Pages

    to use their money at a local Taco Bell. If teenagers are finding ways to

    Read More

  • The Effects of Piracy on the Music Industry

    1131 Words  | 3 Pages

    The industry basically works by selling and buying; however, if the sales decrease there is a huge impact in the economic growth of the firms. There are many factors, which can affect the growth of the firm. The factors that affect the firm do not have a great impact in their growth; nevertheless, a factor that has recently surged is the music piracy, and it has become a negative externality. A negative externality “occurs when a product or decision costs the society more than its private cost” . Music piracy makes the music market loose billions of dollars in the US and even though it doesn’t impact the economy on a big much it has a small impact such as the increase of unemployment per year.

    Read More

  • Piracy Essay

    1136 Words  | 3 Pages

    When you purchase counterfeit software, you're supporting disreputable companies, not tax-paying, legitimate businesses that provide jobs and salaries to good citizens. The profits from these sales of counterfeit software don't help expand the economy by providing jobs, taxes, and wages, and there is a good chance the profits are funding additional illegitimate businesses. Legitimate companies never receive any funds from the sale of counterfeit software, and frequently this loss of revenue leads to layoffs for workers in all related industries, from manufacturers to resellers. So, as you can see, purchasing counterfeit software doesn't only impact software manufacturers, it impacts everyone.

    Read More

  • Plagarism And Copyright Essay

    1122 Words  | 3 Pages

    Plagarism and Copyright are sources of great controversy in society. With modern copyright laws disputes can be unfairly settled. Modern copyright law in the United States has been modified many times since its inclusion in the Constitution in 1776. The most recent change was in 1998 in which the copyrighted work would be protected for the length of the authors life and seventy years after wards1. For example, If a 25 year old person publishes a book in 2005. That book is protected under copyright for the rest of that persons life (an estimated 65 more years) plus 70 years afterward. This extension of protection is good for people whose works have taken a while to make money. So even if this book takes ten years to actually turn a profit. The profit will still be the authors and no one can make a more popular version of their book. However is this a means to help struggling authors or a means for companies to make more money? How did copyright get so out of control? And what does it mean for creators now with the internet age?

    Read More

  • Media Piracy

    1327 Words  | 3 Pages

    According to the book “Pirate’s Dilemma,” “Are Pirates have to scupper us? Are they a threat to be battled or innovators we should compete with and learn from?” (Matt Mason 4). Piracy has and will always be a threat to the whole media industry and of course the economy. As long as people can download for free or buy never been released movies in a cheaper price, there is no way media industries can compete with that.

    Read More

  • Essay On Copyright Infringement

    843 Words  | 2 Pages

    Copyright infringement is a major issue with media ethics. Many people confuse copyright infringement with trademark infringement (Miller, 2012). However, copyright infringement is when someone unlawfully uses a particular work that is protected by copyright law. These works can include: movies, pictures, songs, albums, artwork, pieces of literature, and newspapers. There is no reason for any of the previous to be copyright infringed, because there are ways to correctly cite all of them as sources, without illegally copyright infringing them. Most people simply do not use their resources to help them with their citing.

    Read More

More about Counterfeiting And Piracy Essay

Open Document