EU Commission report: open source importances for the Union’s innovation and competitiveness

The European Commission recently published a comprehensive study on how open source and standards can contribute to the Union’s capacity for an independent, innovative and competitive internal digital market. Econometric (economic forecast) analysis from 2018 shows that open source accounts for 65 to 95 billion euros in economic value within the Union. Furthermore, the report highlights a profitability analysis ratio of 1: 4 for every euro invested and that the work effort developers contribute to open source projects corresponds to a cost of labour of almost one billion euros within the EU. This is a brief summary of the report to highlight different policies, mechanisms and regulations to contribute to the competitiveness of the Union and the public sector.

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