A Guide to Open Innovation and Crowdsourcing Expert tips and advice

• Format: Book
• Language: English
• Published: Philadelphia, London Kogan Page 2011
• Edition: first edition
• Subjects: New products; Diffusion of innovations; Social media > Economic aspects
• Online Access: Click Here to View Status and Holdings.
• Physical Description: xix, 217 pages illustrations 24 cm
• Bibliography: Includes bibliographical references and index
• ISBN: 9780749463076

Open innovation and crowd sourcing are the hottest topics in strategy and management today. The concept of capturing ideas in a hub of collaboration, together with the outsourcing of tasks to a large group of people or community is a revolution that is rapidly changing our culture. A Guide to Open Innovation and Crowdsourcing explains how to use the power of the internet to build and innovate in order to introduce a consumer democracy that has never existed before. If a business fails to embrace it, it is at risk of being left behind. Written by an international team of eminent thinkers, writers and practitioners in the field, A Guide to Open Innovation and Crowdsourcing covers the definition of open innovation, how to manage virtual teams and co-create with customers, how to overcome legal and IP issues and common mistakes and pitfalls to avoid. With corporate case studies and best practice advice, A Guide to Open Innovation and Crowd Sourcing is a vital read for anyone who wants to find innovative products and services from outside their organizations, make them work and overcome the practical difficulties that lie in the way.