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document Distributed Knowledge, Open InnovationThe competition marks the first time the World Bank, an international institution that makes loans to developing countries, made available its catalogue of development data to the general public.
document Crowd Creativity, Distributed Knowledge
The Grand Prize winner of the MoonBots 2.0: A Google Lunar X Prize Lego Mindstorms Challenge, Team LegoAces from Granville, OH, was chosen from seventy-five of teams competing, and earned a VIP...
document Crowd Creativity
The startup beat out five other competitiors: Bank My Coupons, MakeTreks, My Task Runner, Peytec Inc., and SoapBox (HitSend Inc.).
document CrowdfundingThe third element of reform should be greater competition. Profits and compensation levels in the City reflect the barriers to entry in a business dominated by producer interest. Efforts should be...
article Crowd Creativity'Crowdsourcing is fast becoming one of Russia's most important social, cultural and marketing tools. In a country where the distance between one city and another is huge, and by no means...
article Open InnovationThe notion of crowdsourcing customer opinion on new ideas for shaping and transforming the future of banking has captured the imagination of a number of leading banks over the past year....
document Crowdfunding, Distributed KnowledgeThe music industry can be a very competitive and unforgiving area if you do not have enough money to provide the necessary traction that is needed to move forward; however, thanks to crowdfunding...
Crowd Creativity
Washington — U.S. Treasury Secretary Timothy Geithner, after visiting the UK today for talks with British Chancellor of the Exchequer George Osborne will head tomorrow Europe to confer with finance and banking officials in France and Germany options for the design of the new EuroDollar currency which, following the approval of the European Parliament in Brussels last month will go into circulation from 1st January 2012.

It is understood that Jean-Claude Trichet, the head of the European Central Bank and German Finance Minister Wolfgang Schaeuble are in favor an international crowdsourcing competition to design the new EuroDollar symbol after the success of the crowdsourcing of the Indian Rupee in a competition announced on March 5, 2009 by the Indian government to create a symbol for the Rupee.
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Crowdfunding
Quite ironic actually, that we live in a capitalistic free market system where competitiveness is valued above all and is claimed to be able to solve all problems in the world, while the investment system for upcoming businesses is in fact highly monopolized and controlled by a few organizations and individuals. It's is therefore absolutely necessary to increase competitiveness in the investment system. Crowdfunding is a tool that enables everyone, the full 100% of the population, to become involved in the economy of tomorrow. Its an investment system that is carried by the same community from which the ideas come from in the first place. As the crowdfunding market moves forward it will gradually put pressure on the investment system, increase its competitiveness and put a serious investment alternative for entrepreneurs.
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Crowdfunding, Distributed Knowledge
As new crowdsourcing models continue to develop around the world with competitive platforms emerging and building momentum, the inevitable legal and fiscal challenges of a nascent industry are beginning to surface. After two months and two proposed crowdsourced projects in the works, the lack of laws that specifically govern how prize money awarded through crowdsourcing is categorized has forced mobile company Vivo and web platform Ideias.me to extend their project deadlines by one month, when at this point they hope to resolve how to legally pay R $150,000 ($ 95,271) for the best ideas.
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site Distributed Knowledge / Social (or Peer) ProductionStartup Greece is an information, networking and collaboration space, aimed at creating a new generation of entrepreneurs in Greece. They bring together existing and aspiring entrepreneurs,...
document Crowd Creativity, Distributed Knowledge
The Grand Prize winners were a group representing the Chabot Space and Science Center. Their video, which examined the Exxon Valdez disaster, will be optimized and shown at the California Academy...
document Distributed KnowledgeTurkey’s local market is getting stronger every day and it is ready to face the international competition. Whether it’s mobile banking, mobile games or other services, Turkey is poised for rapid...
video Open Innovation
Pia Erkinheimo, Head of Crowdsourcing for Nokia, explains the m2Work challenge during a Q&A session at the World Bank's ICT Sector Day on Thursday, February 23, 2012. She was part of a...
document CrowdfundingIn peer-to-peer lending, private investors receive high returns while businesses get low cost finance, often at much more competitive rates than from high street banks.
And crowdfunding offers...
CrowdfundingThe following post comes to us from Chance Barnett, co-founder and CEO of crowdfunder, which has been holding a series of startup competitions across the country this year in advance of the crowdfunding system legalized in the JOBS Act to drive home the notion that equity crowdfunding holds major promise for local economies.
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video Crowdfunding
In this podcast episode, Matia Mandela spoke about some of the recent developments with partnerships between the m:lab East Africa division of the World Bank and Grow VC International to promote...
Crowdfunding, Open InnovationYomken is a hybrid crowdfunding and open innovation platform that launched only last month in Cairo. The platform is the creation of 24-year-old Tamer Taha, who was able to raise seed funding from the World Bank’s Youth Innovation Fund to start the site.
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site Crowdfunding / Donations, Philanthropy and Sponsorship The Spark Project is a crowdfunding community for like-minded Filipinos to support creative, innovative, and passion-driven projects. Although existing forms of funding like venture capitalists,...
site Crowdfunding / Investing (Equity, Profit and Revenue Sharing)MarketInvoice is the UK’s first online funding portal allowing businesses to draw down fast and flexible funds against their outstanding long-dated invoices. The process is simple, UK businesses...