IDEASCALE BLOG

Tag: crowdfunding

Top 5 Advantages of Crowdsourced Innovation Management

Hundreds of years ago, only those who belonged at the top of the career ladder had access to information and research and development. There was little interaction with employees since management expected them to do their job based on practices established by the management themselves. Fast forward to today: employees can share their opinions, come up with ideas, and … Continued

Driving Technology Innovation Using Crowdsourcing

Driving Technology Innovation Using Crowdsourcing

Studies show that speed-to-market is positively correlated with new product success. It’s important to execute a time-based technology innovation strategy in an unfamiliar, emerging, or rapidly-evolving market.  Today’s technology market is nothing but uncertain, with quick changes happening every day. As a result, speed-to-market with your technology innovation could mean the difference between stellar results … Continued

Crowdsourcing vs. Crowdfunding and Everything in Between

Crowdsourcing vs. Crowdfunding and Everything in Between

Crowdsourcing has become a very common term online. Sometimes, however, the meaning gets blurred with other crowd-related terms. It can be confusing to hear someone say crowdsourcing when they really mean crowdfunding. It can also mean that the purpose or focus of a project gets completely overlooked simply because a different word was used. What … Continued

How Solving for Social Change is Different than Process Improvements

One idea can change the world. This concept is at once hard to wrap your head around and also patently obvious. While crowdsourcing and innovation challenges can be useful in a corporate or business setting, recently some of the biggest, most impactful innovation initiatives have been focused around social change. Even stepping beyond that, they … Continued