A market mechanism for software component reuse: opportunities and barriers

Authors:
Richard D. Shang;Kannan Mohan;Karl R. Lang;Roumen Vragov
Affiliations:
Institute of High Performance Computing, Singapore;Zicklin School of Business, Baruch College, CUNY, New York, NY;Zicklin School of Business, Baruch College, CUNY, New York, NY;The Right Incentives, Brooklyn, NY
Venue:
Proceedings of the 14th Annual International Conference on Electronic Commerce
Year:
2012

Citing 14
Cited 1

Component software: beyond object-oriented programming

Component software: beyond object-oriented programming
The Unified Modeling Language user guide

The Unified Modeling Language user guide
RE-Thinking the Network Economy: The True Forces That Drive the Digital Marketplace

RE-Thinking the Network Economy: The True Forces That Drive the Digital Marketplace
Software Component Licensing: A Primer

IEEE Software
Component Sharing in the Management of Product Variety: a Study of Automotive Braking Systems

Management Science
Shifting Innovation to Users via Toolkits

Management Science
Component-based technologies for end-user development

Communications of the ACM - End-user development: tools that empower users to create their own software solutions
COTS Component Acquisition in an Emerging Market

IEEE Software
Software Product Line Engineering: Foundations, Principles and Techniques

Software Product Line Engineering: Foundations, Principles and Techniques
Measuring the usability of software components

Journal of Systems and Software
Some theoretical considerations for a suite of metrics for the integration of software components

Information Sciences: an International Journal
Impacts of License Choice and Organizational Sponsorship on User Interest and Development Activity in Open Source Software Projects

Information Systems Research
Economics and Electronic Commerce: Survey and Directions for Research

International Journal of Electronic Commerce
Research Commentary---Designing Smart Markets

Information Systems Research

Intelligent business processes composition based on multi-agent systems

Expert Systems with Applications: An International Journal

Quantified Score

Hi-index	0.00

Visualization

Abstract

We propose a market based design for trading component-based software products bundled with reuse licenses that allows clients to customize software solutions onsite by reusing and reintegrating components across software systems using their own software development platforms. Using economic experiments in the laboratory with IT professionals we find that introducing reuse licenses has social welfare benefits in terms of both higher seller and higher buyer surplus as well as generating higher product variety in the market. We argue that as software development is increasingly using modularized and component-based approaches software vendor strategies based on flexible licenses permitting the reuse of software offer a viable and sustainable alternative to the traditional software business model build on monolithic user licenses.