Jan Softa, CEO of Somerco, discusses the potential of open source in enhancing the competitiveness of European industry by reducing costs and improving living standards through collaborative research and development across various sectors such as pharmacy, computing, materials, and societal applications. The document highlights benefits and challenges of open source, provides examples in science and industry, and suggests the development of open source agreements to foster innovation and address societal challenges. It emphasizes the importance of integrating open source solutions into traditional practices, particularly in EU-funded research initiatives.