Crowdsourcing definition #4: What is co-creation?

We weren’t really sure of the difference either, so we consulted Wikipedia. We learned that co-creation could be seen as creating great work by standing together with those for whom the project is intended. Scholars C K Prahalad and Venkat Ramaswamy introduced the idea of co-creation in their 2000 Harvard Business Review article, “Co-Opting Customer Competence”. They developed…

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Crowdsourcing definition #3: What makes for a crowd?

You can’t crowdsource anything without a crowd, but what groups of people might you think about for your crowdsourcing initiatives? What qualifies as a crowd and how many people do you need to get the results you are after? Crowds worth considering… Your employees/stakeholders – crowdsourcing all aspects of your your business – benefit as…

• By Sarah Blue
Best Practices
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Which crowdsourcing business model will prevail?

We are routinely asked by universities and business executives what we see coming next in crowdsourcing. As we watch the evolution of crowd-powered business, there are three models we see bubbling to the surface: core crowdsourcing companies crowdsourcing hubs attached to major enterprises and crowds for hire where organizations can post calls to pre-existing communities.

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Crowdsourcing Definition #1: What is Collective Intelligence?

For a business shift that’s about inviting in non-experts, hobbyists and hackers, there’s a lot of insider lingo around crowdsourcing. This begins the first of a series of straight talk on crowdsourcing principles to help us all put the theory into practice. What is collective intelligence? Jeff Howe, the guy that came up with the…

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