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Bertrand Duperrin's personal annotations on this page

bertrandduperrin
Bertrandduperrin bookmarked on 2009-07-21 innovation openinnovation crowdsourcing communities competitivemarkets motivation rewards

The leading question

Should companies organize outside innovation through collaborative communities or competitive markets?
Findings

* Communities are useful when an innovation problem involves cumulative knowledge, continually building on past advances. Markets are effective when an innovation problem is best solved by broad experimentation.
* In general, communities are more oriented toward the intrinsic motivations of external innovators (the desire to be a part of some larger cause, for instance), whereas markets tend to reward extrinsic motivations (such as through financial compensation).

    • The leading question

      Should companies organize outside innovation through collaborative communities or competitive markets?


      Findings

      • Communities are useful when an innovation problem involves cumulative knowledge, continually building on past advances. Markets are effective when an innovation problem is best solved by broad experimentation.
      • In general, communities are more oriented toward the intrinsic motivations of external innovators (the desire to be a part of some larger cause, for instance), whereas markets tend to reward extrinsic motivations (such as through financial compensation).

This link has been bookmarked by 5 people . It was first bookmarked on 22 Jun 2009, by someone privately.

  • 31 Jul 09
    • How to Manage Outside Innovation
    • Should external innovators be organized in collaborative communities or competitive markets? The answer depends on three crucial issues.
  • 21 Jul 09
    bertrandduperrin
    Bertrand Duperrin

    The leading question

    Should companies organize outside innovation through collaborative communities or competitive markets?
    Findings

    * Communities are useful when an innovation problem involves cumulative knowledge, continually building on past advances. Markets are effective when an innovation problem is best solved by broad experimentation.
    * In general, communities are more oriented toward the intrinsic motivations of external innovators (the desire to be a part of some larger cause, for instance), whereas markets tend to reward extrinsic motivations (such as through financial compensation).

    innovation openinnovation crowdsourcing communities competitivemarkets motivation rewards

      • The leading question

        Should companies organize outside innovation through collaborative communities or competitive markets?


        Findings

        • Communities are useful when an innovation problem involves cumulative knowledge, continually building on past advances. Markets are effective when an innovation problem is best solved by broad experimentation.
        • In general, communities are more oriented toward the intrinsic motivations of external innovators (the desire to be a part of some larger cause, for instance), whereas markets tend to reward extrinsic motivations (such as through financial compensation).
  • 22 Jun 09