Tag Archives: R&D processes

The wisdom of crowds in a flash

(This post has originally appeared on Edge of Innovation) There are two important rules of running a successful crowdsourcing campaign. First, a complex problem or a task should be divided into a set of smaller, more manageable pieces; each of them … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , | Leave a comment

Matching crowdsourcing to specific stages of business model innovation

(The original version of this piece was posted to the Qmarkets blog) I like to argue (for example, here) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , , , , , , , , , , , , , | 5 Comments

The first rule of crowdsourcing: know what you want, understand what you need

I like to argue (for example, here) that the most important factor that defines the ultimate success or failure of any crowdsourcing campaign is the ability to properly identify and articulate the problem–technological, business or social–that the crowd will be … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , | Leave a comment

Get it right: how to help startups succeed

Given the increasingly important role startups and other small businesses play in today’s economy, supporting them should be considered a policy that will have a profound positive effect on the global economy. From this perspective, pinpointing factors casing startups fail is … Continue reading

Posted in Startups | Tagged , , , , , , , , , , , , | 1 Comment

3 Ways to Improve the Efficiency of the “Idea Generation” Process

In my previous post, I compared the efficiency of two approaches to corporate innovation: “bottom-up” and “top-down.” The former approach relies on ideas that are first generated by a company’s employees and then channeled up to the company’s senior management. … Continue reading

Posted in Innovation | Tagged , , , , , , , , , , , , | Leave a comment

Working a Crowd

If crowdsourcing has not yet become a mainstream innovation tool, this is definitely not for the lack of attention. Crowdsourcing remains a topic of intense academic studies, and a recent paper by researchers from Simon Frazer University in Canada is … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , , , , , , , , | Leave a comment

Not All Innovation Models Are Created Equal

It’s one of the most popular topics in innovation discussions: why innovation fails? How many times have you heard the following narrative? With great fanfare, the XYZ Company launches an innovation initiative. Employees are urged to submit ideas, and a … Continue reading

Posted in Innovation | Tagged , , , , , , , , | 8 Comments