By a News Reporter-Staff News Editor at Computer Weekly News -- Current study results on Information Technology - Information Systems have been published. According to news reporting originating from Seoul, South Korea, by VerticalNews correspondents, research stated, “In the software industry, commercial open-source software vendors have recognized that providing services to help businesses derive greater value in the implementation of open source-based systems can be a profitable business model. Moreover, society may greatly benefit when software originators choose an open-source development strategy as their products become widely available, readily customizable, and open to community contributions.”
Our news editors obtained a quote from the research from Korea University, “In this study, we present an economic model to study how software licensing attributes affect a software originator’s decisions, aiming to provide policy makers with insights into how welfare-improving, open-source outcomes can be incentivized. We show that when a competing contributor is apt at reaping the benefits of software development investment, a less restrictive open source license (e.g., Berkeley Software Distribution, or BSD style) can improve welfare.”
According to the news editors, the research concluded: “On the other hand, when the originator is better at leveraging investment and service costs are high, a more restrictive license (e.g., General Public License, or GPL style) can be best for social welfare even when a contributor can cost-efficiently develop the software.”
For more information on this research see: Generating Value Through Open Source: Software Service Market Regulation and Licensing Policy. Information Systems Research , 2018;29(1):186-205. Information Systems Research can be contacted at: Informs, 5521 Research Park Dr, Suite 200, Catonsville, MD 21228, USA.
The news editors report that additional information may be obtained by contacting T. August, Korea University, Sch Business, Seoul 136701, South Korea. Additional authors for this research include H. Shin and T.I. Tunca.
The direct object identifier (DOI) for that additional information is: https://doi.org/10.1287/isre.2017.0726. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.
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CITATION: (2018-04-18), Study Data from Korea University Update Knowledge of Information Systems (Generating Value Through Open Source: Software Service Market Regulation and Licensing Policy), Computer Weekly News, 796, ISSN: 1944-1606, BUTTER® ID: 015506986
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