Why is open source important?

What is open source, and why is it important? Open source is a type of licensing agreement that allows users to freely modify a work, use said work in new ways, integrate the work into a larger project or derive a new work based on the original. ... Allow anyone to modify, enhance or re-engineer a program's code.

Open Source Customization Has Immense Benefits. It Allows Greater Participation Of The Developer Community, Which Provides Innovative Solutions And Ingenious Inputs Into The Platforms For Benefit Of The End Users. Following Are The Uses Of Open Source Development. Low Development Cost Because The Framework/Platform Comes Free Of Cost And Does Not Involve License Fees Easy Availability Of Rich Pool Of Source Codes Needed For Development Of Dynamic Websites And Web Applications Quicker And Hassle-Free Web Development Because Of Worldwide Developer Community Back-Up Availability Of Regular Updated Versions, Which Allow The Developers To Match Up With The Changing Requirements Of The End-Users