Difficulties in measuring the production of software might result in significant underestimation of economic growth. The magnitude of this underestimation is likely to increase over time, if software development continues its current trajectory of making up an increasingly large share of...

Proprietary software firms have recently begun to emulate the open source software community in opening up some of their software. We analyze this phenomenon in the context of resource allocation between fixing defects and the development of the next version of the software — an important...