Benefits, Challenges, and Implications of Open-Source Software for Health-Tech Startups: An Empirical Study
Ahmad, Noman; Tripathi, Nirnaya (2024-02-09)
Ahmad, Noman
Tripathi, Nirnaya
Springer
09.02.2024
Ahmad, N., Tripathi, N. (2024). Benefits, Challenges, and Implications of Open-Source Software for Health-Tech Startups: An Empirical Study. In: Hyrynsalmi, S., Münch, J., Smolander, K., Melegati, J. (eds) Software Business. ICSOB 2023. Lecture Notes in Business Information Processing, vol 500. Springer, Cham. https://doi.org/10.1007/978-3-031-53227-6_19
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© 2024 The Author(s). This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this chapter are included in the chapter's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.
https://creativecommons.org/licenses/by/4.0/
© 2024 The Author(s). This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this chapter are included in the chapter's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.
https://creativecommons.org/licenses/by/4.0/
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:oulu-202402191847
https://urn.fi/URN:NBN:fi:oulu-202402191847
Tiivistelmä
Abstract
Health-tech startups are essential, as they provide cutting-edge solutions to numerous healthcare concerns in the rapidly evolving healthcare industry. They use various technologies to create solutions that boost and advance healthcare systems and healthcare delivery. Open-source software (OSS) technology has become an essential component of startups’ toolkits, providing various advantages, such as free access to source codes and opportunities for innovation. Research on OSS in healthcare startups is limited, so our study aims to investigate how health-tech startups perceive the influence of OSS on product development and to identify the challenges they face. To meet this objective, we conducted an empirical study with six health-tech startups, using semi-structured interviews. Thematic analysis was performed on the collected data to identify common themes and subthemes related to the research objective. The findings showed that health-tech startups benefit from the cost efficiency, scalability, and customization of OSS. Open-source software tools, reshape development and promote efficient code management, provide community support, and reduce costs. However, they demand OSS knowledge, management of updates, regulatory compliance, and heightened cybersecurity. Our study adds to the body of knowledge on OSS and healthcare startups and the connection between them. We provide recommendations for health-tech startups, such as embracing OSS tools for their benefits, investing in education and training, and engaging with the OSS community for comprehensive support in their product development processes.
Health-tech startups are essential, as they provide cutting-edge solutions to numerous healthcare concerns in the rapidly evolving healthcare industry. They use various technologies to create solutions that boost and advance healthcare systems and healthcare delivery. Open-source software (OSS) technology has become an essential component of startups’ toolkits, providing various advantages, such as free access to source codes and opportunities for innovation. Research on OSS in healthcare startups is limited, so our study aims to investigate how health-tech startups perceive the influence of OSS on product development and to identify the challenges they face. To meet this objective, we conducted an empirical study with six health-tech startups, using semi-structured interviews. Thematic analysis was performed on the collected data to identify common themes and subthemes related to the research objective. The findings showed that health-tech startups benefit from the cost efficiency, scalability, and customization of OSS. Open-source software tools, reshape development and promote efficient code management, provide community support, and reduce costs. However, they demand OSS knowledge, management of updates, regulatory compliance, and heightened cybersecurity. Our study adds to the body of knowledge on OSS and healthcare startups and the connection between them. We provide recommendations for health-tech startups, such as embracing OSS tools for their benefits, investing in education and training, and engaging with the OSS community for comprehensive support in their product development processes.
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