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Information In The Digital Economy - Essay

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Added on  2021-02-19

Information In The Digital Economy - Essay

   Added on 2021-02-19

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Information andDigital Economics
Information In The Digital Economy - Essay_1
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY..................................................................................................................................3Challenges faced by traditional book publisher in digital age for protecting copy rights...........6CONCLUSION................................................................................................................................1REFERENCES................................................................................................................................2
Information In The Digital Economy - Essay_2
Can publishers of traditional books (such as textbooks) make profits in the digital age-explain how they might attempt this. What are the challenges to protecting their copyrights?INTRODUCTIONIn digital era it has been easy to use internet for making huge profits. This is becauseinternet has provided a platform through which money can be earned. By offering services andproducts on internet, companies are making profits. It has also changed the way of publishingbooks and selling it. The free availability of books and libraries has created impact on its pricing.In many countries publishers are selling books on internet. This essay will discuss that how apublisher can make profits through selling of textbooks on internet. MAIN BODY In present time, internet has become a major source of income. People are highly usinginternet to earn money by providing services and products online. In similar way digitaltechnology has allowed publisher as well to earn money. On internet many items are been soldby companies. Similarly, textbooks, music, journals, articles, etc. are also available on internet.By reading text books, it is easy for students to learn and study. In recent times publishing ofbooks has changed. Now, e books are easily available online (Reimers, 2016 ). It can be statedthat earlier textbooks were available only on stores and schools. But with advancement, there issignificant change in publishing. There are many publishers who want to earn money but areonly given small share in profits. But internet has allowed them to directly sell textbooks.Through this they are able to earn profits. Earlier publishers were not having any resourcesthrough which textbooks can be sold. Basically, publishers are those companies that publish books. A book can be text book,article, novel, etc. The publisher is having copyright given by author to sell books underpublication name. The textbooks are main source of learning through which people can read and learn. Now, inpresent times, publisher publish their books directly on internet. This is because use of digitaltechnology has transformed the way of earning money. Amazon was the first company thatprovided books online. Also, they launched Kindle, an application through which publisher canuse it as a platform to reach large number of audience. Digital book distribution transformed theway of offering books to people. Within an hour a publisher can sell thousands of copies of book1
Information In The Digital Economy - Essay_3

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