EC Study on the economic impact of Open Source Software and Hardware

Source: NGI

EC Study on the economic impact of Open Source Software and Hardware on the EU economy

The European Commission has published the results of a study analysing the economic impact of Open Source Software and Hardware in the European economy.

It is estimated that companies located in the EU invested around €1 billion in Open Source Software in 2018, which brought about a positive impact on the European economy of between €65 and €95 billion. Many NGI-supported projects are open source by design.

Open Source to support GDP Growth in EuropeThe study predicts that an increase of 10% in contributions to Open Source Software code would annually generate an additional 0.4% to 0.6% GDP, as well as more than 600 additional ICT start-ups in the EU.Case studies reveal that by procuring Open Source Software instead of proprietary software, the public sector could reduce the total cost of ownership, avoid vendor lock-in and thus increase its digital autonomy.

The study gives a number of specific public policy recommendations aimed at achieving a digitally autonomous public sector, open research and innovation enabling European growth, and a digitised and internally competitive industry.

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