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Open source software
Software that:
Can be used by anyone without a license.
Is distributed with the source code.
Closed source software
Software that:
Requires the user to hold an appropriate license to use it.
Users cannot access the source code as the company owns the copyright license.
Advantages of open source
Can be modified and improved by anyone
Technical support from online community
Can be modified and sold on
Advantages of closed source software to a user
Thorough, regular and well-tested updates
Company owning software provides expert support and user manuals.
High levels of security as developed professionally.
Disadvantages of open source software
Support available online may be insufficient or incorrect.
No user manuals
Lower security as may not be developed in a controlled environment
Disadvantages of closed source software
License restricts how many people can use the software at once
Users cannot modify and improve software themselves