Greater Fair Use Helped The Singapore Economy: While traditional "copyright" industry maximalist players like to...

Greater Fair Use Helped The Singapore Economy | Techdirt

techdirt.com 15 Oct '12, 10am

Greater Fair Use Helped The Singapore Economy: While traditional "copyright" industry maximalist players like to...

The counterfactual impact analysis of fair use amendments in Singapore undertaken here demonstrates that flexible fair use policy positively influences growth rates in private copying technology industries. In 2010, five years after the policy intervention, Singapore's fair use amendments are correlated with a 3.33% increase in value-added (as % of GDP) for private copying technology industries. Prior to the amendment of fair use policies, private copying technology industries experienced - 1.97% average annual growth. After the changes were introduced, the same industries enjoyed a 10.18% average annual growth rate. This resulted in a total increase of € 2.27 billion in value-added for private copying technology industries in that period. The results show that, prior to fair use amendments, the private copying industries in Singapore were in recession. After fair use amen...

Full article: http://www.techdirt.com/articles/20121013/02044020699/gre...

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@Alan_Kilpat » 16 Oct '12, 5pm
RT @strosow: Greater Fair Use Helped The Singapore Economy [link] via @Techdirt
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@FibonacciBlue » 16 Oct '12, 1pm
Evidence that reducing #copyright restriction with a "Fair Use" doctrine helps the economy [link]
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@evaeuropa » 15 Oct '12, 11am
RT @MsSaraKelly: Fascinating summary of study that showed increasing fair use likely helped grow the Singaporean economy [link]
@MsSaraKelly » 15 Oct '12, 11am
Fascinating summary of study that showed increasing fair use likely helped grow the Singaporean economy [link]
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