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Crowdsourcing — A Call for Papers

document Distributed Knowledge
Summary The author gives an overview of crowdsourcing by tracing its history and giving examples of current practical applications and business models.
Description The up-to-date model [of crowdsourcing] is: (1) company has a problem; (2) company broadcasts problem online; (3) online “crowd” is asked to give solutions; (4) crowd submits solutions; (5)crowd vets solutions; (6) company rewards winning solvers; (7) company owns winning solutions; (8) company profits.

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