Abstract
Open source projects have enabled many business establishments to take advantage of robust software at low cost. This is because open source software is one whose license allows for free modification of source code for ease of reusability. This paper discusses the values of Open Source that can be adopted in business development strategies. The concept of open source and open standards were reviewed .The Open source developments have been closely related to our “Open Onions Ontology” approach. This approach has viewed open source development from five layers. Each of these layers is recognized to have strong attachment with the next closest layer in that order. The bond of coexistence between these layers is identified as the unifying factor which forms the basis for open source developers’ motivation.