Crowdsourcing Innovation News & Resources | HeroX

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

New Profit Unveils Top 15 Ideas For an Equitable Economy. The $6 million Future of Work Grand Challenge is powered by New Profit, JFF, XPRIZE, and MIT Solve

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.

The global pandemic has reset almost all of our social norms. As the world slowly opens up again, we find ourselves in a position of not only readjusting but also realizing something new about the future of work environments.

NASA has the nation’s finest Rocket Scientists on staff, and yet they are among the world’s most active users of crowdsourcing to solve engineering conundrums. With expertise at their fingertips, why are they - and many others - turning to the non-expert crowd for solutions?

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.

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.

The catfish industry has had its ups and downs but remains one of the most important aquaculture industries in the US. Recent technological advancements have increased productivity, but catfish farmers still face significant challenges.