TY - JOUR
T1 - The power of crowds
T2 - Grand challenges in the Asia-Pacific region
AU - Cai, Cynthia
AU - Gippel, Jennifer
AU - Zhu, Yushu
AU - Singh, Abhay Kumar
PY - 2019/11/1
Y1 - 2019/11/1
N2 - Technology is enabling organizations across the globe – large and small, for-profit and not-for-profit, governments and scientific groups – to harness the resources, knowledge, talent and creativity of crowds, in their effort to find innovative solutions to vexing problems. As contributors to solving grand challenges, crowds are providing data and funds, generating novel ideas and evaluating and developing concrete solutions. This article proposes a conceptual model for understanding the utility of crowdsourcing in the context of grand challenges. The article further identifies some boundary conditions where crowdsourcing may not be useful and discusses significant barriers to applying crowdsourcing in the Asia-Pacific region. We conclude by recognizing some empirical considerations and avenues for future research. JEL Classification: O31, O35
AB - Technology is enabling organizations across the globe – large and small, for-profit and not-for-profit, governments and scientific groups – to harness the resources, knowledge, talent and creativity of crowds, in their effort to find innovative solutions to vexing problems. As contributors to solving grand challenges, crowds are providing data and funds, generating novel ideas and evaluating and developing concrete solutions. This article proposes a conceptual model for understanding the utility of crowdsourcing in the context of grand challenges. The article further identifies some boundary conditions where crowdsourcing may not be useful and discusses significant barriers to applying crowdsourcing in the Asia-Pacific region. We conclude by recognizing some empirical considerations and avenues for future research. JEL Classification: O31, O35
KW - Crowdsourcing
KW - grand challenges
KW - lead users
KW - open innovation
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U2 - 10.1177/0312896219871979
DO - 10.1177/0312896219871979
M3 - Article
AN - SCOPUS:85074200590
SN - 0312-8962
VL - 44
SP - 551
EP - 570
JO - Australian Journal of Management
JF - Australian Journal of Management
IS - 4
ER -