Study Reveals Trillion-Dollar Value of Open Source Software to Global Economy

A recent study conducted by Harvard Business School assistant professor Frank Nagle and his colleagues sheds light on the immense value of Open Source Software (OSS) to the global economy. According to their findings, without OSS and its code-creation networks, companies would face an estimated cost increase of 3.5 times in building the software and platforms essential for their operations, amounting to approximately $8.8 trillion. This staggering figure underscores the critical role OSS plays in the modern business landscape, serving as the backbone upon which many companies build their technological infrastructure.
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