Crowdsourcing Innovation News & Resources | HeroX

Prize challenges, according to Challenge.gov, are a way for federal agencies to present problems to the public to solve in exchange for receiving awa…

Why is understanding innovation important? Although companies are implementing many new invention ideas, most organizations are having trouble keepin…

While a company might think it already has the best talent available, much innovation occurs outside the usual venues. In campuses, garages, and small offices worldwide, independent innovators find ways to apply modern technologies to age-old problems.

Forward looking corporations are already embracing crowdsourcing and prize challenges. Boeing, Unilever, Samsung, Starbucks and NASA are just a few examples. If several million people can be nudged to make a small positive change, the outcomes can be world changing.

Things are changing so rapidly between innovation, social changes, and economic pressure. But while crowdsourcing is evolving there can be only one definitive definition for what exactly is the world of crowdsourcing. And how can this open-source approach to ideas help your business.

Open innovation isn’t as simple as posting a question on your company’s Facebook page and hoping for the best. Instead, it takes careful consideration to devise an open innovation approach that works for your company. This guide will help you strategize so you can get the results you’re looking for.

Want to stay ahead of the innovation curve? Read our blog on 5 innovation trends to watch in 2023. From AI to blockchain, we cover it all!

Every company is different, and it’s important to consider how crowdsourcing could work for your organization specifically. These 5 advantages and disadvantages will help you decide if crowdsourcing is a good fit for your company.

Innovation is the top business priority voiced by CEOs, but 77% of CEOs find it challenging to find the innovation and creativity skills they need. What’s the disconnect? Many employers aren’t sure how to find the proper benchmarks. These tips will help you assess innovation culture in your company.

Design Thinking is at an exciting pivotal point in its evolution right now. Read about The NFL Helmet Challenge and other examples of how great minds come together on the HeroX platform to create meaningful solutions.