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Study Supports Crowdsourcing-based Research

Jun-20-11 By Aminda
A new research system developed by global, nonprofit, research institution RAND Corporation provides scientific support to the effectiveness of crowdsourding-based research.
According to a press release, the system, called ExpertLens, incorporates elements of three well-known research approaches. The Delphi method, which organizes panel of experts who share opinions remotely the Nominal Group Technique, where experts meet face-to-face and crowdsourcing. All methods have pros and cons, so the ExpertLens system combines the best of each for use in collecting opinions about problems and creating forecasts.
Where are the Innovators?

Where are the Innovators?

Jun-17-11 By Aminda
A few weeks ago, innovation consultant Stefan Lindegaard sparked a very active conversation on his blog. The topic: identifying the most open innovative countries in the world. He posted his vote for the top four and then left the 5th spot open for discussion. Perhaps the biggest challenge in identifying an innovative country is first identifying the criteria used to measure open innovation, particularly when separating it from other innovation strategies. Is it measured by patents? Technology acquisition from outside sources? Government initiatives?
Lend a Hand to Patent Review

Lend a Hand to Patent Review

Jun-16-11 By Aminda
Patent review has been making headlines recently, and there is considerable demand for participants to assist with the process. The first notable occurrence was the patent infringement claims filed against 7 mobile phone application developers.
The Influence of Statistics on Social Influence

The Influence of Statistics on Social Influence

Jun-15-11 By Aminda
A recent post looked at a study out of Switzerland that found an exception to the belief that the wisdom of the crowd is, on average, more accurate than the wisdom of an individual. The study identified the “social influence effect”, in which individuals had access to the answers of others. The effect of questioning one’s own results as compared to others led to a decline in accuracy.

A commentary on this study posted in a Wall Street Journal article received some heated debate and discussion arguing that WSJ writer Jonah Leher, misread the results of the study.
Simplifying Volunteering

Simplifying Volunteering

Jun-13-11 By Aminda
The world has certainly had enough news of economic crisis and natural disasters, so it’s always good to hear some good news. Fortunately, creative new crowdsourcing projects continue to provide opportunities to contribute in positive ways. Here are a few ways anyone can make the world a better place.
Connecting with Co-founders

Connecting with Co-founders

Jun-10-11 By Aminda
Are you full of ideas but needing a partner to take them to market? Looking for an innovative product to put to use your great sales and distribution experience? It’s becoming easier to connect, not only with social media but with a creative spin on good old fashioned networking events.
An Innovation Game Plan

An Innovation Game Plan

Jun-09-11 By Aminda
There is significant pressure on today’s leaders to innovate; it’s thought to be more critical to expansion than any other method. Unfortunately, pressure to perform can lead to some pretty big mistakes. It increases the chances of ill-researched, irrational, hasty decisions. There are plenty of examples from the music and sports industry of entertainers and athletes who “choked” under the spotlight – missing their opportunity to shine.
The good news for businesses new to or still developing open innovation practices is that you’re not alone. Plenty of pioneers have been refining contemporary innovation strategies and are openly sharing advice gleaned from mistakes and successes – here are a few resources to start.
Innovation Important to Global CEO’s

Innovation Important to Global CEO’s

Jun-08-11 By Aminda
The unsurprising results from a global CEO survey by PriceWaterhouseCoopers indicate that innovation, along with increasing their existing business, now outstrips all other means of potential expansion, including moving into new markets, mergers and acquisitions, and joint ventures and other alliances. Nearly 80 percent of CEOs surveyed believe innovation will generate ‘significant’ new revenue and cost reduction opportunities over the next three years.
Taking Time to Preserve the Past

Taking Time to Preserve the Past

Jun-07-11 By Aminda
The world today moves and changes so quickly that sometimes it’s a luxury to get the opportunity to reflect back on the past. Realizing that it’s the past that shapes the future, a number of organizations around the globe are enlisting on-line networks to preserve history. Their goals and their methodology are diverse but all are committed to ensuring that we don’t take our past for granted.
The People of the Past
The United States Holocaust Memorial Museum (USHMM) along with Ancestry.com has created the World Memory Project, which utilizes a crowd-sourced website to restore names and stories to those whose identities were nearly silenced during the Holocaust. The site allows people to search vital documents from World War II and add stories, context and personal histories in order to complete the full picture of this time period.
Submissions Open for Management Innovation Prize

Submissions Open for Management Innovation Prize

Jun-06-11 By Aminda
Submissions are open for the M-Prize in Management Innovation competition to encourage management innovation and organizational change. Created by the Management Innovation Exchange (MIX) and co-sponsored this year for the first time by Harvard Business Review and McKinsey & Company, the contest offers three challenges, presented in three phases, designed to surface the best practices and thinking around 21st century technology, strategy, and organizations. Winners will be selected by a panel of leaders in business and education.

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