IRS J. Nils Foege
Tuesday, 12 April 2016, 10am - 12 noon, TIM Social Area
What is mine is yours, or is it? Exploring solvers’ value appropriation strategies in crowdsourcing contests
In recent years, crowdsourcing contests have become an important tool for firms with an open approach to innovation. In these contests, external researchers contribute with technical solutions to problems, which seekers could not solve internally. This enables seeking organizations to explore valuable knowledge that was outside their field of expertise so far. However, solution providers might fear sharing their core knowledge without being compensated adequately. In order to release this tension, it is important to understand and illuminate solvers’ value appropriation strategies in crowdsourcing contests. The goal of this study is to identify and explore these strategies analyzing data from 1,175 surveys and 27 interviews with solvers participating in crowdsourcing contests.