Innovation and Crowdsourcing Contests

Körpeoğlu, Ersin

doi:10.1007/978-3-030-01863-4_16

Cited by 20 publications

(13 citation statements)

References 31 publications

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“…(We review the prior studies that are concerned with our research question, while referring readers to Ales et al. (2019) and Chen et al. (2020) for a comprehensive review of the literature on tournaments.…”

Section: Introductionmentioning

confidence: 99%

Innovation Tournaments with Multiple Contributors

Ales

Cho

Körpeoğlu

2021

Production and Operations Management

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T his study examines innovation tournaments in which an organizer seeks solutions to an innovation-related problem from a number of agents. Agents exert effort to improve their solutions but face uncertainty about their solution performance. The organizer is interested in obtaining multiple solutions-agents whose solutions contribute to the organizer's utility are called contributors. Motivated by mixed policies observed in practice, where some tournaments are open and others restrict entry, we study when it is optimal for the organizer to conduct an open tournament or to restrict entry. Our analysis shows that whether an open tournament is optimal is tied to: (1) the variance of uncertainty as compared to the impact of effort; (2) the number of contributors, and (3) the skewness of the uncertainty distribution. Our results help explain mixed policies about restricting entry observed in practice as well as recent empirical and experimental findings.

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Section: Introductionmentioning

confidence: 99%

Innovation Tournaments with Multiple Contributors

Ales

Cho

Körpeoğlu

2021

Production and Operations Management

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“…In contrast, in our setting, the contests resemble ideation contests, and evaluation of submissions is taste based and subjective (Ales et al. 2019, Jiang and Wang 2020). Thus, the submission quality may not be easily inferable during a contest.…”

Section: Prior Literaturementioning

confidence: 99%

“…Contestants who make their first submission early have greater opportunities to engage with the contest environment, thereby increasing the potential for receiving in‐process feedback from the contest holder and reducing uncertainties related to the requirements and tastes of the contest holder (Ales et al. 2019, Jian et al. 2019).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Incentives and Stars: Competition in Innovation Contests with Participant and Submission Visibility

Bockstedt

Druehl

Mishra

2022

Production and Operations Management

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O nline innovation contests in which all current and potential contestants can view the identities of participating contestants and their submissions have become a popular format. Contestants who enter such a contest earlier than other contestants must weigh the potential costs of revealing their identities and submissions against the potential benefits of improving their submissions through emerging information and early engagement. In this study, we examine how topranked contestants or stars, who rank in the top 5% of winning experience on the contest platform, react to the contest incentives in deciding when to begin observable participation in such an innovation contest. Subsequently, we examine how endogenous entry by top-ranked contestants influences participation of future contestants. Our analysis, based on detailed data from contests and participating contestants from a popular graphic design platform, indicates that contest incentives have interesting second-order effects on competition. Although top-ranked contestants enter a focal contest earlier than other contestants when the prize is high relative to other available contests, early entry by top-ranked contestants deters new contestants from entering a contest and reduces participation of those who do enter. Furthermore, the contestants who enter a focal contest following early entry by a top-ranked contestant tend to have lower levels of prior success on the platform. This research has important implications for how the design of contests, where a contestant's identity and submissions are visible, can be modified to encourage greater competition and participation by all contestants.

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“…6. For a detailed review of this literature and other types of contests, we refer the reader to Ales et al (2017a). Our paper is broadly related to studies that consider heterogeneous solvers by suppressing uncertainty (e.g., Moldovanu and Sela 2001, Körpeoglu and Cho 2017, Stouras et al 2017, to studies that analyze other types of contests (e.g., dynamic contests by Bimpikis et al 2017), to empirical studies on crowdsourcing (e.g., Jiang et al 2016), and to theoretical studies on new product development (e.g., Mihm 2010, Lobel et al 2016.…”

Section: Appendix Proofsmentioning

confidence: 99%

Parallel Innovation Contests

Körpeoğlu

Korpeoglu

Hafalır

2022

Operations Research

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Crowdsourcing using innovation contests has become a popular tool to source innovative solutions to various problems organizations face. With several innovation contests that run in parallel, two key questions are how the number of contests affects contest outcomes and whether solvers who can compete in these contests should focus their effort on a small group of contests. A recent study by Ersin Körpeoğlu, C. Gizem Korpeoglu, and İsa Emin Hafalır titled “Parallel Innovation Contests” addresses these key questions. The study shows that running up to a certain number of contests in parallel can benefit the overall outcome of these contests. Interestingly, more contests can be run in parallel if these contests seek disruptive innovation rather than incremental innovation. The study also shows that encouraging solvers to work on multiple contests in parallel can improve contest outcomes when these contests seek disruptive innovation. These findings can help guide organizations and crowdsourcing platforms that organize multiple contests in parallel.

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Innovation and Crowdsourcing Contests

Cited by 20 publications

References 31 publications

Innovation Tournaments with Multiple Contributors

Innovation Tournaments with Multiple Contributors

Incentives and Stars: Competition in Innovation Contests with Participant and Submission Visibility

Parallel Innovation Contests

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