unauthorized use of intellectual property can severely affect the owners of that property.This practice also

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Unauthorized use of intellectual property leads to the loss of jobs, royalties, wages, or tax revenue. This loss negatively impacts the economy and those who own the intellectual property. It does not level the playing ground for developing nations but rather steals the work of others. It also does not necessarily accelerate innovation in the industry, but rather creates a culture of theft. It does not have a positive impact on a nation's cultural value system and does not necessarily ensure minimized prices for consumers.

Unauthorized Use of Intellectual Property Can Severely Affect the Owners