This is the second part in our three-part blog series on prize competitions, or prize challenges as some people prefer to call them. In Part 1 we shared the power of prize competitions as a means to generate open innovation solutions, and thus accelerate R&D. In...
This is the first part in a three-part blog series on using prize competitions, also called prize challenges. In this Part 1 we share the power and benefits of prize competitions. In Part 2 we will help you understand what makes a successful prize competition. And in...
In recent articles we’ve looked at equity crowdfunding from the perspective of entrepreneurs and the benefits they can take advantage of in addition to generating an investment budget, and also through the eyes of retail investors who are not high net worth...
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 people who...
This year Crowdsourcing Week launched the annual BOLD Awards to shine a spotlight on BOLD and breakthrough projects in crowdsourcing, open innovation and related-technology sectors. The winners in 12 categories plus three special awards were announced at the inaugural...
A little while ago we covered the benefits of equity crowdfunding from the perspective of the entrepreneur. It can be an excellent way for entrepreneurs to raise money, while at the same time gaining significant marketing exposure and solidifying customer loyalty....
Crowdsourcing and open innovation are staring 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...
The first ever annual BOLD Awards gala dinner ceremony to announce the 12 category winners will take place April 5 on the campus of H-FARM just outside Venice, Italy. H-FARM is an innovation platform which supports and accelerates the creation of new startup...
Many successful businesses reach a stage where transformational expansion to take it to the next level, whether that might be developing the next version of a product or setting up a Sales and Marketing team, can’t be funded fast enough through sales income. Equity...
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 drop...
Real estate crowdfunding is on the rise thanks to recent technological and legal developments, and it’s redefining the way commercial real estate (CRE) assets are bought, managed, and sold today. Also known as 'online real estate', it allows individual investors...
Tech headlines today herald the potential impact of blockchain technology on industries such as crowdsourcing, transportation, and inter-company collaboration (supply chains). We’re inundated today with projects targeting these markets and many people think it’s quite...