Open Innovation

Crowdsourcing business or other organization solutions from external problem solution providers, often through prize challenge platforms

5 Simple Questions To Ask Your Crowdsourcing Platform

5 Simple Questions To Ask Your Crowdsourcing Platform

Crowdsourcing is a great way for an organization to generate external input, particularly when it faces a new challenge. Benfits include tapping in to specific areas of interest or expertise that don’t exist within your own organization; getting input from...

Crowdsourcing is Unlocking Billions of Dollars in Primary Industry

Crowdsourcing is Unlocking Billions of Dollars in Primary Industry

Crowdsourcing and open innovation are starting to be recognised within primary industry as effective ways to validate concepts at low risk, solve complex challenges, find new innovative suppliers and automate work. As a consequence, new industrial leaders are emerging...

Being Bold in Crowdsourcing

Being BOLD in Crowdsourcing

It’s easy to forget that the Internet was once all open. Rather, the Internet has been in a continuous cycle of highly-structured portals and free-flowing information. The initial platforms,  like BBS boards , gave way to walled gardens like  America OnLine . AOL’s...

Bold Open Innovation Sparking Both Business Impact and Social Impact

Bold Open Innovation Sparking Both Business and Social Impact

Open innovation is a term coined by Henry Chesbrough in his 2003 book, “ Open Innovation: The new imperative for creating and profiting from technology ”. Open innovation assumes that valuable ideas can come from inside or out of the company and can go to the market...

Global Corporation is BOLD Enough to Disrupt Itself

Global Corporation is BOLD Enough to Disrupt Itself

We’re getting increasingly used to witnessing the commercial disruption taking place due to mass digital connectivity giving rise to new business models. In many instances it’s where existing players in a market place come under threat from newcomers who have torn up...

Being Bold in Online Experience and Engagement

Being Bold in Online Experience and Engagement

Just two decades ago, the worldwide web was an uncharted universe. It was so unmapped, companies became billion-dollar brands based on organizing it. Netscape, one of the world’s first widely adopted browsers, turned company co-founder Marc Andreessen into the new...

Searching for the Boldest Citizen Scientist

Searching for the Boldest Citizen Scientist

For centuries, science has been the pursuit of amateur, self-funded and self-motivated scientists: Sir Isaac Newton, Benjamin Franklin, Charles Darwin and Thomas Edison – to name just a few. However, in the first half of the 20th century, science became dominated by...

Overcoming Barriers to Adopt Innovation Crowdsourcing

Overcoming Barriers to Adopt Innovation Crowdsourcing

Managing change within an organization is never easy since a company is essentially formed by people, and people are not usually easy to change because of cultural factors (the culture of the country, the industry, the company itself, and so on). The ennomotive...

Being Bold in Open Innovation

Being BOLD in Open Innovation

The past decade has raised the bar in open innovation, particularly the last year. As celebrated at the Crowdsourcing Week 2018 global conference, we’ve recently maximized the power of the group and pushed scientific and technical ideas to their potential. Or have we?...

Open Innovation Success Through HeroX Challenges

Open Innovation Success Through HeroX Challenges

More and more organizations, including some of the largest corporations, are increasingly moving their problem solution processes and product or service development ideation from an internal to an external environment. Through creating challenges with cash and other...

How HeroX Helps Solve Humanity’s Problems

How HeroX Helps Solve Humanity’s Problems

All too often, the biggest challenges require the most radical solutions and innovations. Yet most companies don’t recruit on the basis of candidates being radical, they tend to prefer reliability and consistency. Add in the adoption of an institutional mindset among...

Crowdsourcing Fueling Open Innovation

Crowdsourcing Fueling Open Innovation

There is a natural tension between intellectual property and intellectual growth. Companies value their ideas and processes, as it differentiates them from other businesses, but they have to let go of some of their secrecy and power to truly bloom. The pendulum has...

Q&A with Christian Cotichini, co-founder and CEO of HeroX

Q&A with Christian Cotichini, co-founder and CEO of HeroX

Christian Cotichini has over 20 years of experience personally leading startup and high growth technology companies. He is also a successful angel investor as well as a serial entrepreneur. He founded Absolute Software, a leader in computer security and asset...

Build Crowdsourcing Business Models To Last

Build Crowdsourcing Business Models To Last

Increasingly visible crowdsourcing platforms like Threadless scale quickly by harnessing the innovation power of crowds and capitalizing on networking effects. However, failure cases such as Quirky, show that sustaining ventures built upon crowdsourcing is a daunting...

What is Crowdfunding?

Crowdfunding in Sweden

Crowdfunding in Sweden continues to grow and make headlines, from startups using donations-for-rewards crowdfunding as a sales channel for innovative products to quickly achieve high turnover, to the electric vehicle manufacturer Uniti raising €1.2m through its own...

Decentralization is Crowdsourcing Week’s theme in 2018

Decentralization is Crowdsourcing Week’s theme in 2018

Decentralization is our theme for 2018. The word has rebellious and transformative connotations, stemming from the sometimes turbulent devolvement of historically central-held power over property, wealth and justice to regimes of democratic government, a right to work...