Piracy adversely impacts online music sales. This paper aims to investigate the factors that affect global music piracy directly and e-business indirectly. The factors can be clubbed into four categories, (i) economic, (ii) technological (iii)legal/regulatory, (iv) behavioral/cultural. On analyzing the data of 55 countries, Intellectual Property Protection, trade freedom, income inequality and individualism/collectivism index of a country emerge as the most significant factors affecting music piracy. Hence, a nation can reduce its music piracy rate and enhance e-business by devising stricter laws to safeguard intellectual property, allowing more free trade with other countries and bridging the income inequality within a country.
Das, Saini and Mukhopadhyay, Arunabha, "Managing Dwindling Online Music Sales: Analyzing Factors Affecting Global Music Piracy" (2011). ICEB 2011 Proceedings (Bangkok). 2.