{"id":112,"date":"2016-08-25T16:16:48","date_gmt":"2016-08-25T16:16:48","guid":{"rendered":"http:\/\/open.ieec.uned.es\/e-health\/?p=112"},"modified":"2016-08-25T16:16:48","modified_gmt":"2016-08-25T16:16:48","slug":"quantifying-the-value-of-open-source-hardware-development","status":"publish","type":"post","link":"https:\/\/open.ieec.uned.es\/e-health\/quantifying-the-value-of-open-source-hardware-development\/","title":{"rendered":"Quantifying the value of open-source hardware development"},"content":{"rendered":"<p>Pearce developed a set of formulas to quantify the value of open-source hardware design. One way is to compare distributed manufacturing to traditional manufacturing, based on the number of downloads of a design that results in a manufactured product. Another way is to calculate the costs saved by not having to replicate a product design, based on the number of design hours and hourly wage of the designers. A third approach is to calculate the market size of a distributed manufacturing approach based on the number of products and their manufacturing cost.<\/p>\n<p>&nbsp;<\/p>\n<p>Using the first approach above, the value of a basic syringe pump design by <em>Wijnen et al <\/em> <a href=\"#_edn1\" name=\"_ednref1\">[i]<\/a> was shown to be between 778.000 $ and 12.4 million $ over 1 year. This is called the <em>downloaded substitution valuation<\/em>, which calculates the annual savings by comparing the cost of purchasing a traditionally manufactured product to the marginal cost of producing the open-source hardware version using distributed manufacturing. The value of the design is further quantified using the number of times that the open-source hardware design is downloaded.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Clinical trials for medical devices may take anything from 2 to 5 years. While 5 years is a long time for a small business, performing the design and development, and the clinical trials, as part of an open-source project means that a small business can share the load. In principle the business would need to be in operation for a much shorter time before it could successfully launch a new product.<\/p>\n<p><a href=\"#_ednref1\" name=\"_edn1\">[i]<\/a>\u00a0\u00a0\u00a0\u00a0 Wijnen B, Hunt EJ, Anzalone GC, et al. Open-source syringe pump library. PLoS ONE 2014;9:e107216.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pearce developed a set of formulas to quantify the value of open-source hardware design. One way is to compare distributed manufacturing to traditional manufacturing, based on the number of downloads of a design that results&#8230;<\/p>\n","protected":false},"author":1,"featured_media":135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,3,4,5],"tags":[],"_links":{"self":[{"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/posts\/112"}],"collection":[{"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/comments?post=112"}],"version-history":[{"count":0,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/posts\/112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/media\/135"}],"wp:attachment":[{"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/media?parent=112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/categories?post=112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/open.ieec.uned.es\/e-health\/wp-json\/wp\/v2\/tags?post=112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}