Collaborative Economy

Browse posts about the Collaborative Economy, also known as the Sharing Economy – a collaborative economic model built around the sharing of human and physical resources by people & organizations.

PandaBed Connects Asian Vacation Goers to Trusted Accommodation

James Chua, (co-founder of PandaBed along with Lester Kang) spoke to Crowdsourcing Week about PandaBed - a startup marketplace that offers a wide range of accommodation option for travelers to Asia. Even though collaboration and cooperation is rooted in Asian culture,...

How Much Does Asia Contribute to the Global Sharing Economy?

Social technology is making it easier for people to transact with each other, enabling people to share homes, skills, transportation—and even food —with each other. The sharing economy this year will generate $350 billion in transactions, according to Melissa O-Young,...

Hyperloop: Will the Future of Hi-Tech be Open Source

Hyperloop: Will the Future of Hi-Tech be Open Source

So you have heard about Elon Musk’s Hyperloop, a futuristic idea to transport passengers, faster and more efficiently than even air travel. Elon has released a 57-page report that outlines his concept that engineers from Tesla and SpaceX have worked on for 9 months....

Why the Sharing Economy is More Than a Business Model

Why the Sharing Economy is More Than a Business Model

The Sharing Economy is disruptive. We all know that it has turned ordinary people into entrepreneurs, is helping save precious resources and helping consumers stretch their dollars. But the single most important aspect of the sharing mentality is more than all the...

Earning Through the Shared Economy?

Earning Through the Shared Economy?

You monetize the sharing economy. You rent out your car, spare room, tools and freelance as a writer, designer or coder. You are making a sweet income, tapping into the the collaborative offerings and all is well. Then April 15 comes around and brings along tax...

Is Connectivity a Human Right: Facebook Wants Internet For All

Facebook's Mark Zuckerberg unveiled a plan to get the world unconnected citizens connected via a mobile data or internet connection. The reason Mark Zuckerberg says this is important is because unconnected citizens are losing out the knowledge economy propelling the...

What is the Potential of The Crowd Economy?

What is the crowd economy? You may know it as the sharing or collaborative economy that presents an economic opportunity for ordinary citizens to monetize idle resources like an extra bedroom, tools or their car. But it also includes crowdfunding, crowdsourced...

The Future of Manufacturing is Upon Us

The Future of Manufacturing is Upon Us

The burgeoning shift in the manufacturing sector has been coming for a touch over a decade and has, I would suggest, now reached your front gate. A whole confluence of factors that include 3D printing, crowdsourcing, home engineering and free-scale idea generation...

GE: Industrial Internet Will Connect Data, Machines and People

At the Minds+ Machines Conference in Silicon Valley, November last year, GE's CEO Jeffrey Immelt hosted an event to address a room full of innovators in San Francisco. He touted the "Industrial Internet" as the next frontier in innovation. What is the Industrial...

Crowdsourcing? Why Can’t I Simply Outsource?

So let’s start with the fundamentals -- outsourcing vs. crowdsourcing. Outsourcing The Project So why do you outsource? Wikipedia gives a very nice answer to your question: The most common reasons why companies decide to outsource include cost reduction and cost...

10 Reasons Crowdsourcing will Transform the Way we Work

Mechanisms such as Crowdsourcing are about to fundamentally change the way we perform and organize work. Conventional organizational structures are about to become more loose and in addition to (well known) outsourcing initiatives, companies have to consider...

Crowdsourcing Week Speaks To Matt Barrie, CEO

Matt Barrie is the CEO of the largest outsourcing marketplace -- Freelancer.com. And how large is large, well how about 3.4 million professionals and 1.6 million projects under the companies belt, it's simple to see why Freelancer.com is a leader. Below is my email...