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Open source software (OSS) is software that anyone can review, modify, and distribute freely, usually with only minor restrictions such as giving credit to the creator of the work. The use of OSS is growing rapidly, due to its value in increasing firm and economy-wide productivity. Despite its widespread use, there is no standardized methodology for measuring the scope and impact of this fundamental intangible asset. This study presents a framework to measure the value of OSS using data collected from GitHub, the largest platform in the world with over 100 million developers. The data include over 7.6 million repositories where software is developed, stored, and managed. We collect information about contributors and development activity such as code changes and license detail. By adopting a cost estimation model from software engineering, we develop a methodology to generate estimates of investment in OSS that are consistent with the U.S. national accounting methods used for measuring software investment. We generate annual estimates of current and inflation-adjusted investment as well as the net stock of OSS for the 2009–2019 period. Our estimates show that the U.S. investment in 2019 was $37.8 billion with a current-cost net stock of $74.3 billion. 

This paper presents an in-depth analysis of patterns and trends in the open-source software (OSS) contributions by the U.S. federal government agencies. OSS is a unique category of computer software notable for its publicly accessible source code and the rights it provides for modification and distribution for any purpose. Prompted by the Federal Source Code Policy (USCIO, 2016), Code.gov was established as a platform to facilitate the sharing of custom-developed software across various federal government agencies. This study leverages data from Code.gov, which catalogs OSS projects developed and shared by government agencies, and enhances this data with detailed development and contributor information from GitHub. By adopting a cost estimation methodology that is consistent with the U.S. national accounting framework for software investment proposed in Korkmaz et al. (2024), this research provides annual estimates of investment in OSS by government agencies for the 2009–2021 period. The findings indicate a significant investment by the federal government in OSS, with the 2021 investment estimated at around $407 million. This study not only sheds light on the government’s role in fostering OSS development but also offers a valuable framework for assessing the scope and value of OSS initiatives within the public sector.