Own Account Software
From Open Risk Manual
Definition
Own Account Software. Own-account software refers to software production activities performed by businesses or governmen for themselves rather than by purchasing from software-producing businesses.
Beginning with the 1997 benchmark I-O accounts, it is treated as being produced by the industries in which the own-account software originates and then “purchased” in final uses as investment. In the 1997 standard make and use tables, own-account software, including output and all inputs, is shown as a secondary product of the industry in which the activity occurs, and it is shown as part of the primary production of the software industry in the supplementary make and use tables.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
