The contribution of copyright-based industries to the South African economy
We report the results of an effort to measure the contribution of copyright-based industries to the South African economy. Following the methodology of the World Intellectual Property Organization, we identify the copyright industryâ€™s contribution to GDP, employment, imports and exports in South Africa for the period 1970â€“2009. It was estimated that the sector contributed 4.1% to GDP â€“ more than the contributions of other sectors such as agriculture and food, beverages and tobacco. Because of this quantified importance of the copyright-based industries, we recommend that relevant South African policy authorities and policymakers should monitor and publicise regularly the performance of the copyright-based industries as well as promote programmes for their development and growth.Significance:
- Copyright-based industries have the potential to play an important role in job creation and economic growth.
- Our findings suggest that policymakers should design and promote the implementation of future policies and strategies related to these sectors.
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