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Open Innovation in Crowdfunding Context: Diversity, Knowledge, and Networks
Open innovation is an essential phenomenon in the crowdfunding context. This conceptual piece tends to offer an integrative discussion of three important mechanisms upon which stakeholders of a crowdfunding platform conduct open innovation and value co-creation in crowdfunding sites. These mechanisms include: diversity, knowing, and networking. We argued that: 1. diverse demographic attributes facilitate multiple-party value co-creation; 2. knowledge of platform stakeholders improves quality of ideas; 3. networking positively impacts on open innovation performance. With such discussions, a theoretical foundation for future research is built and more research issues are stimulated.
Open Innovation in Crowdfunding Context: Diversity, Knowledge, and Networks
Open innovation is an essential phenomenon in the crowdfunding context. This conceptual piece tends to offer an integrative discussion of three important mechanisms upon which stakeholders of a crowdfunding platform conduct open innovation and value co-creation in crowdfunding sites. These mechanisms include: diversity, knowing, and networking. We argued that: 1. diverse demographic attributes facilitate multiple-party value co-creation; 2. knowledge of platform stakeholders improves quality of ideas; 3. networking positively impacts on open innovation performance. With such discussions, a theoretical foundation for future research is built and more research issues are stimulated.
Open Innovation in Crowdfunding Context: Diversity, Knowledge, and Networks
Chien-Chi Chu (author) / Ya-Fang Cheng (author) / Fu-Sheng Tsai (author) / Sang-Bing Tsai (author) / Kun-Hwa Lu (author)
2019
Article (Journal)
Electronic Resource
Unknown
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