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==In the News==
==In the News==
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* [http://www.mtu.edu/news/stories/2015/september/making-difference-open-source-science-equipment.html Making a Difference with Open Source Science Equipment] - Michigan Tech News, [http://www.eurekalert.org/pub_releases/2015-09/mtu-mad091115.php Eureka Alert], [http://www.newswise.com/articles/making-a-difference-with-open-source-science-equipment2 Newswise], [http://phys.org/news/2015-09-difference-source-science-equipment.html Phys.org], [http://www.sciencenewsline.com/articles/2015091116490022.html Science News Online], [http://news.science360.gov/obj/story/873b860d-fa9d-4b49-941b-8725d658cd6e/making-difference-open-source-science-equipment Science360], [http://www.ecnmag.com/news/2015/09/making-difference-open-source-science-equipment ECN Magazine (Electronic Component News)], [http://www.sciencedaily.com/releases/2015/09/150911095509.htm Science Daily], [http://www.brightsurf.com/news/headlines/113394/Making_a_difference_with_open_source_science_equipment_.html Bright Surf], [http://www.innovationtoronto.com/2015/09/making-a-difference-with-open-source-science-equipment/ Innovation Canada]
* [http://www.3ders.org/articles/20150911-open-source-3d-printing-has-high-rate-of-return-on-investment-joshua-pearce.html Open source 3D printing has high rate of return on investment, Joshua Pearce says in new study]- 3Ders
* [http://www.3ders.org/articles/20150911-open-source-3d-printing-has-high-rate-of-return-on-investment-joshua-pearce.html Open source 3D printing has high rate of return on investment, Joshua Pearce says in new study]- 3Ders
* [http://openhardware.science/new-paper-models-return-on-investment-for-3d-printed-syringe-pump-drivers/ New paper models return on investment for 3D printed syringe pump drivers] - Gathering for Open Science Hardware  
* [http://openhardware.science/new-paper-models-return-on-investment-for-3d-printed-syringe-pump-drivers/ New paper models return on investment for 3D printed syringe pump drivers] - Gathering for Open Science Hardware  

Revision as of 11:16, 15 September 2015

Source

Abstract

Roi.jpg

The availability of free and open source hardware designs that can be replicated with low-cost 3-D printers provide large values to scientists that need highly-customized low-volume production scientific equipment. Digital manufacturing technologies have only recently become widespread and the return on investment (ROI) was not clear, so funding for open hardware development was historically sparse. This paper clarifies a method for determining an ROI for FOSH scientific hardware development. By using open source hardware design that can be manufactured digitally the relatively minor development costs result in enormous ROIs for the scientific community. A case study is presented of an syringe pump released under open-licenses, which results in ROIs for funders ranging from 100s to 1,000s of percent after only a few months. It is clear that policies encouraging free and open source scientific hardware development should be made by organizations interested in maximizing return on public investments for science.

See also

Why fund open source scientific hardware
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In the News

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