Weighing the Costs and Benefits of Open Innovation — What are the costs and benefits of open innovation? We spoke to industry experts to find out what the less obvious costs and benefits are, and how to maximize the potential of an open innovation campaign.
The Mayor of Lisbon is wrapping up a successful (if modest) crowdfunding campaign on the Portuguese platform PPL. The platform’s founders believe it’s the first political crowdfunding campaign in Europe.
Apple confirmed late last week that it has purchased HopStop and Locationary, two startups that make use of crowdsourcing for mapping related services. The move comes only a month after Google acquired the crowdsourced directions startup Waze.
Canonical, the U.K. software company behind Ubuntu, recently launched a crowdfunding campaign on Indiegogo to help fund the production of the super powered, super expensive phone. The all-or-nothing funding goal: $32 million.
The Universiade is an international sporting event for university athletes that takes place in the summer and winter every two years. This year’s winter games are slated to take place in Trentino, Italy in December. In order to help fund the event, the team behind the winter Universiade decided to create the Crowdfunding Challenge, a campaign on Indiegogo that has an accompanying ‘game’ to go along with it.
The folks at Eventstir whipped up the following infographic, which provides a great overview of the worldwide crowdfunding landscape. It covers broad topics, like overall dollars raised and platform breakdown by region, as well as specific ones, including the most successful platforms and projects.
Rose Spinelli, a crowdfunding consultant who runs The Crowdfundamentals, writes in with her latest Tip of the Week, a series exclusive to Crowdsourcing.org. Check out her thoughts on MoolaHoop, a crowdfunding platform that wants to connect women entrepreneurs with capital to launch and grow their businesses; the platform launched today.
We share an interview with Carl Esposti and Kevin Berg Kartaszewicz-Grell, two members of (our sister firm) Massolution. They discuss the size of the crowdfunding market, why backers don’t mind waiting for months for a product at an age of instant gratification, and why crowdfunding is just now taking off.
Massolution recently published the 2013CF Crowdfunding Market: Software and Solutions Report. It is a definitive guide to available crowdfunding software and solutions providers. This report will guide you to the choices for building the platform you want, whether it is for donations, rewards, lending, equity, or royalty; whether it is a new site, an addition to an existing one, or a single campaign; whether you do it yourself or hire a provider.
The Bradley is a timepiece that makes it easy for the visually impaired to tell time. Thanks to its sleek design and compelling pitch video, the campaign raised nearly $300,000 in a week. We feature it here as one of our ‘Top Projects.’