“If you have a personal problem, you ask friends for advice. Now company owners are doing the same thing – posting challenges online to get help with the development of products and services. Known as ‘crowdsourcing’, it is becoming increasingly popular with resource-strapped smaller firms.” Read more at http://www.thisismoney.co.uk/money/news/article-2052551/Companies-turn-online-help-development-products-services.html#ixzz1cKASbDjo

“Chaordix handles crowdsourcing of ideas from start to finish, including developing a crowdsourcing plan, recruiting your crowd, moderating the process and providing technology that enables collaboration and innovation. Crowds can be used to help your business with everything from idea creation to problem-solving and product testing. Everything, including idea submission, discussion, voting and ranking, is…

“‘To have a growing sector like this provides greater diversification to our overall economic health and welfare,’ says John Masters, president of Innovate Calgary. For the third year, TechRev – an arm of Innovate Calgary – is honouring local companies it feels are driving innovation and giving the sector momentum.” Read more of Calgary tech…

“While large companies like P&G have forged ahead with open innovation there are many still to take the first tentative steps. Dr John Kapeleris provides a primer on how to go from thinking about Open Innovation to trying it out with a crowdsourcing project.” Read more How to Begin the Process of Open Innovation: A…

“Companies are turning to crowdsourcing middlemen to make “good” crowds.” Read more at MIT Technology Review http://www.technologyreview.com/business/37078/page1/