Question

how can theft of intellectual property harm it's owner?

Answer 1

It doesn't give them money for what they worked hard or produced for. It prevents future releases being made for smaller producers.

hope this helps you out!

Answer 2

Answer:

IP infringement harms companies through lost revenue, the costs of IP protection, damage to brand, and decreased incentives to innovate because of potential theft. 3 Consumers are harmed when they purchase counterfeit goods of lower quality, some of which, such as counterfeit medicines, may pose health or safety risks.