Online Piracy and the Emergence of New Business Models
نویسنده
چکیده
This explorative paper examines the impact of online piracy on the emergence of innovative, legitimate business models. While often dismissed by academics and professionals alike, online piracy has shown to be a valuable source of innovation to both industry incumbents and entrepreneurs. The paper briefly summarizes the evolution of piracy technologies and associated online communities. Then, the paper explores piracy in the media industry and discusses the means by which it has influenced innovation. Finally, the paper observes the Torrent phenomenon and suggests its potential impacts on the emergence of new business models.
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