Juanan :java:​ :javascript:​ @juanan@infosec.exchange
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Researchers at Harvard Business School and University of Toronto used unique data to quantify the value of open source.

Takeways:

* Supply-side (cost to recreate) is ~$4.15B, but demand-side (value to firms) is $8.8T. Shows massive cost savings & productivity boost from OSS.

* If OSS didn't exist, firms would need to spend an estimated 3.5 times more on software than they currently do. OSS provides a massive, often invisible, productivity boost.

* A tiny fraction of OSS developers create the vast majority of value. Only 5% of developers are responsible for over 96% of the demand-side value

* Firms should not just "free ride" on OSS but actively contribute to the ecosystem, as this is far cheaper than recreating the software themselves.

Source:
hbs.edu/ris/Publication%20File

Working Paper 24-038 The Value of Open Source Software Manuel Hoffmann Frank Nagle Yanuo Zhou (Harvard Business School)
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