Open Source Hardware Business Model: How to Make Money by Publishing Blueprints?
After years of hardware development, I'm often asked: 'You've published the schematics and code, others can just copy them, how do you make money?' This is indeed a good question. Today we'll talk about the business model of open source hardware - this business that sounds a bit 'counterintuitive', how it actually works. Let's get to the conclusion first: open source hardware can make money, and can make big money. Don't be fooled by the word 'open source'. Open source doesn't mean free, and certainly doesn't mean charity. Look at these numbers: - Arduino: revenue exceeded 30 million US dollars in 2023, with millions of units shipped globally -...