Open Innovation in Crowdfunding Context: Diversity, Knowledge, and Networks
Keyword(s):
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.
2021 ◽
2008 ◽
Vol 26
(1)
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pp. 175-194
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Keyword(s):
2009 ◽
Vol 7
(1)
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pp. 168-172
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2021 ◽
2016 ◽
Vol 30
(2)
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pp. 76-86
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