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Open-source economics is an economic platform based on open collaboration for the production of software, services, or other products. First applied to the open-source software industry , [ 2 ] this economic model may be applied to a wide range of enterprises.
The cost of making a copy of a software program is essentially zero, so per-use fees are perhaps unreasonable for open-source software. At one time, open-source software development was almost entirely volunteer-driven, and although this is true for many small projects, many alternative funding streams have been identified and employed for FOSS:
"Free and open-source software" (FOSS) is an umbrella term for software that is considered free software and/or open-source software. [1] The precise definition of the terms "free software" and "open-source software" applies them to any software distributed under terms that allow users to use, modify, and redistribute said software in any manner they see fit, without requiring that they pay ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 January 2025. Software licensed to ensure source code usage rights Open-source software shares similarities with free software and is part of the broader term free and open-source software. For broader coverage of this topic, see open-source-software movement. It has been suggested that this article ...
GitLab Community Edition. The open-core model is a business model for the monetization of commercially produced open-source software.The open-core model primarily involves offering a "core" or feature-limited version of a software product as free and open-source software, while offering "commercial" versions or add-ons as proprietary software.
For example, all of the elements – goods of economic value, open access to contribute and consume, interaction and exchange, purposeful yet loosely coordinated work – are present in an open-source software project, in Wikipedia, or in a user forum or community.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
In the 1950s and 1960s, computer operating software and compilers were delivered as a part of hardware purchases without separate fees. At the time, source code—the human-readable form of software—was generally distributed with the software, providing the ability to fix bugs or add new functions. Universities were early adopters of ...