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document Distributed Knowledge
According to Harvard Business School assistant professor and co-leader on the project Karim R. Lakhani, “Open innovation is an effective way to solve scientific problems in the business world.”...
document Distributed Knowledge
Mike Moradian’s decision to crowdsource this choice is especially interesting in light of the recent debate over the efficacy of higher education in the U.S.
As for Moradian, he understands...
document Distributed Knowledge, Open InnovationSome of the winners and the winning ideas of the Challenge were:
1. Anonymous: The Diabetes Triangle: A Systematic Approach to Align
Diabetes Classification with Diabetes Management
2....
Cloud Labor, Crowd Creativity
What makes a professional a professional—holding a position and being paid for work performed? And what does it mean to get paid? You may think the answer is simple—getting a paycheck of course. How about an amateur—what makes one an amateur? Doing something for free and not getting paid? What if all this was flipped on its head? When it comes to using crowdsourcing as a marketing tool, it’s arguable that amateur creative contributions facilitate engagement and provide a fresh perspective.
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site Distributed Knowledge / Social (or Peer) ProductionNASA, Harvard Business School, and TopCoder have established the NASA Tournament Lab (NTL), which will enable the TopCoder community to compete amongst each other to create the most innovative,...
blog Distributed Knowledge, Open Innovation
At a recent lunch seminar with Innosight co-founder Clayton Christensen, the Harvard Business School professor observed how the timing of two different “jobs to be done” can inspire a potential...
video Distributed KnowledgeIn this video, Harvard Business School Professor Karim Lakhani discusses the emerging importance of Open Innovation challenges and how government agencies like NASA are utilizing contests...
video Open Innovation
Professor Karim Lakhani - Harvard Business School - shares his thoughts on the extreme value outcomes born from Open Innovation competitions, Big Data opportunities and the TopCoder Platform
document Crowdfunding
CircleUp, a new crowd-funding platform for small retailers and consumer brands, had launched with $1.5 million in venture capital from Maveron and individuals like David Topper. Their last...
article Open Innovation
Although crowdsourcing traditionally only has been employed in more commercial settings, the scope of the study suggests that there is a place for crowdsourcing in scientific and medical fields....
article Open Innovation
Harvard Business School and crowdsourcing site - TopCoder recently performed a study where they took a big genomics problem being worked on by Harvard Medical School, broke it into discreet...
Cloud Labor, Crowd Creativity, Open InnovationOrganizations implement crowdsourcing applications in the hopes that the participation of an online community — a crowd — results in the design of goods or the solving of problems for the organization. Thus, it is important to understand how and why individuals in the crowd participate in these arrangements in order to maximize the crowd’s abilities. Crowds participate in crowdsourcing willingly, and they are not always driven by the opportunity to make money in the process. An organization that understands what motivates its crowd to participate and fulfills these needs will sustain a productive crowdsourcing platform.
In the past few years, research has been conducted specifically on the crowds of some well-known crowdsourcing applications to determine what motivates them to participate. These findings indicate that crowds are motivated by a diverse set of extrinsic and intrinsic rewards, and individuals in the same crowd can be motivated for different reasons. Some common crowdsourcing motivators include the desire to earn money, to develop one’s creative skills, to network with other creative professionals, to build a portfolio for future employment, to challenge oneself to solve a tough problem, to pass the time when bored, to contribute to a large project for the common good, and to have fun.
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article Open InnovationThe new method uses a data-driven model developed by Nikolaos Trichakis of Harvard Business School and Dimitris Bertsimas and Vivek F. Farias, both of MIT's Sloan School and is meant to help...
document Crowdfunding
Leading up to this, a grass-roots group of crowd-funding supporters that grew out of the Cambridge Innovation Center’s C3 community, known as WeFunder.com, organized a public forum on...
document Crowd Creativity, Distributed KnowledgeThe occasion was the annual presentation of the Rolex Awards for philanthropy, given this year to remarkable individuals under 30 who are dedicated to improving life on the planet. Yet when Eno...
Open InnovationIn the last few days, two of the leading global media outlets, The New York Times and The Economist, had quite extensive articles on user innovation, customization, and co-creation.
On February 10, 2011, on page C1 of the New York edition of The New York Times, Patricia Cohen writes about "Innovation Far Removed From the Lab",
The article is a great praise and acknowledgment of the work done by Eric von Hippel.
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document Crowdfunding
The event was a testament to the startup community’s interest in the crowdfunding legislation. In his opening remarks, WeFunder’s Mike Norman described the advocacy process they’ve undertaken...
document Cloud Labor, Distributed KnowledgeSoftware developers from around the world and the TopCoder community are invited to compete in the next challenge phase in the Imaging and Text Recognition Innovation Challenge series to develop...