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article Distributed Knowledge
A recent study, published by a group of scientists in Spain, has concluded that a crowdsourced video game can be an effective way to identify and analyze malaria-causing parasites in the blood...
document Crowdfunding, Open Innovation
The #SciFund Challenge Helps Scientists Raise Money For Important Research and Experiments.
Walter Weare, a chemistry professor, is taking part in the #SciFund Challenge—a massive experiment...
document Distributed Knowledge, ToolsDeveloped on the experience and feedback from students, Etutorhub.com has included many student-friendly features like students stipulating the price they are willing to pay and access to instant...
document Cloud Labor, Distributed KnowledgeCrowdsourcing also brings with it quite a few disadvantages, such as the following:
1. No confidentiality.
2. Poor quality entries.
3. Wrong direction.
4. Popularity misleads.
5. Stolen or...
document Crowdfunding, Distributed KnowledgeCrowdfunding has become a business funding alternative that is and will continue to attract many entrepreneurs. This is due to the flexibility that is guarantees and the numerous funding...
document Distributed KnowledgeThe objectives of this tutorial are as follows:
What is crowdsourcing?
How and when to use crowdsourcing?
How to use Mechanical Turk?
Experimental setup and design guidelines for working...
Crowdfunding, Open Innovation
A worldwide survey developed by blur Group showed that nearly half of entrepreneurs and start-ups are developing ‘knowledge-as-a-service’ (KaaS) business models and crowdsourcing is a popular method to jump-start projects.
The study had reviewed the 1,546 members that had particpated on the Innovatrs Exchange www.innovatrs.com , an innovation platform where corporations worldwide can discover, partner with or invest in innovative startups and entrepreneurs.
Crowdsourcing.org interviewed Philip Letts, the founder and CEO of blur Group, a London based international crowdsourced creative group with 11,784 creatives all over the world delivering relevant design, marketing, advertising, media and ideation services. Its main clients are CNN, Financial Times, GE Healthcare and Ralph Lauren.
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question CrowdfundingHi, Sandip from Go Get Funding here :)
We've been making a ton of improvements to our site lately and one of the things we're now looking at is our payment method.
We thought it...
article CrowdfundingThe crowdfunding platform aims to turn fantasies into reality and enrich, inspire and educate all those involved. The initiative hopes to change the way creativity in the region is conceived and...
document Crowdfunding
“Gold Method” is a documentary film that tells the story of how global gold mining conglomerates and junior gold mining companies mine for gold around the world. The documentary film will also...
document Open InnovationReduced motorized traffic, emissions, and a novel way to connect neighbor to neighbor, and distribution point businesses to customers.
Distributed KnowledgeFinding the best route to the office, home or the airport was once the responsibility of fixed GPS devices, but fortunately for Smartphone owners, that’s no longer the case. The fact of the matter is GPS manufacturers have utilized the power of the crowd to refine their traffic data for years now, but some companies and start-ups are simply outmatching these partially crowdsourced-methods and therefore they are on their way to replacing the traditional manufacturers that are heavily invested in
last-generation devices.
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Crowdfunding, Distributed Knowledge, ToolsLast week’s blogpost “Equity or Debt?” the Next step in Crowdfunding highlighted the three fundamental forms of crowdfunding platforms:
- Crowdfunding as a method for sponsorship with a non-financial return
- Debt-crowdfunding with a financial return (P2P-lending)
- Equity based crowdfunding with a potential financial return and ownership
Whether you are a crowdfunder, an adVenture Capitalist, or if you have an initiative or you are an entrepreneur looking to raise money, it’s critical to have a good understanding of the models and the different types of initiatives they can support.
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Crowd Creativity, Distributed KnowledgeIt’s a blogosphere out there. And in trying to absorb all the talking-head commentary about the use of Facebook and Twitter in fomenting and organizing current Middle Eastern upheavals, at least Maureen Dowd’s column in The New York Times got something right:
We see instantaneous digital communication as a weapon against oppression and, in the hands of tyrants who tap into its power, as a weapon for oppression.
A weapon. Wonder about “crowd-sourcing a revolution” is not only old tape, it turns the mechanism into the social and political solution. We have identified it as the means, the method of bringing disenfranchised or angry people together.
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Crowdfunding, Distributed KnowledgeAbout 10 years ago, no one believed that going online to find a husband or wife would be something normal, acceptable (not to mention profitable!!). Fast forward 10 years later and online date is no longer a fad but very much a normal thing, almost like ordering a skinny, flat white latte!!
Could Peer to Peer lending and Crowdfunding follow the same route in the next few years? i.e. move from a revolution to being mainstream methods of raising capital for new businesses? While both crowdfunding and peer-to-peer lending are ways to secure capital online, the two are different from one another and the aspects of each option should be considered carefully.
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Distributed Knowledge, Open InnovationTerms, such as co-creation, mass customization, interactive value creation, or open innovation represent the increasing success of new (predominantly Internet-based) practices and give evidence that the general public can constitute a source of enhanced innovation.
In many countries the public sector has been seeking to reform itself, anyway. Do the open innovation methods, broadly understood provide a way? In this post, Dennis Hilgers and Frank Piller look at the wider benefits of an open public service and raise some of the most important issues.
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document Distributed Knowledge, Open InnovationLukas Biewald presented an extensive break down of MTurk workers on the basis of country/continent – with India making up 46.85% increasing
its percentage compared to past survey figures and US...
Crowdfunding
It has been argued that funding was particularly difficult to obtain for small businesses in respect of their size and lack of available historical data creating information asymmetry for potential investors. Hence, traditional financing methods like bank loans, business angels or VCs are out of reach for these small companies. Moreover, bootstrapping does not allow businesses to grow fast due to its focus on cash generation, often at the expense of maximizing value creation. As a result, crowdfunding can become a viable fundraising method obtainable for small entrepreneurial companies or project-based initiatives.
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document Distributed Knowledge, Open InnovationThe commingling of affective computing and crowdsourcing will convey benefits for both disciplines, not just affective computing. There are several ways to use affective computing methods to...
document Distributed Knowledge, Open Innovation, ToolsTranslation crowdsourcing is a very simple and cost-efficient method for expanding sales and increasing user satisfaction. With MOTO, software translation can be crowdsourced in 5 minutes. The...