Monthly Archives: February 2018

Crowdsourcing “in reverse”: asking crowds to ask questions

Posted on February 27, 2018 by Eugene Ivanov

It’s important to understand that crowdsourcing is first and foremost a question, a question that you ask a large and, ideally, diversified crowd of people. And for as long as it’s well-thought-out, properly defined, and clearly articulated, it doesn’t really matter … Continue reading →

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Crowdsourcing 2.0

Posted on February 15, 2018 by Eugene Ivanov

I like to argue, only half-jokingly, that crowdsourcing is very simple. It consists of only two components: a question and a crowd—a question that you present to a crowd and a crowd that you assemble to answer this question. And … Continue reading →

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Are you innovating? We won’t be paying you today!

Posted on February 12, 2018 by Eugene Ivanov

A solid body of evidence, from both controlled laboratory experiments and field studies, shows that compensation based on the pay-for-performance (P-f-P) principle—when individuals receive a fixed percentage of the profits resulted from their activities–is effective in inducing higher levels of … Continue reading →

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One more time about “innovation terminology”

Posted on February 6, 2018 by Eugene Ivanov

In a recent HBR article, Scott Kirsner suggests ditching the term “corporate entrepreneur.” Kirsner names a number of reasons why corporate innovation, especially in large firms, is different from true entrepreneurship. One is bureaucratic shackles that restrict the development of … Continue reading →

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