The Difficulties involved in Developing Business Models open to Innovation Communities: the Case of a Crowdsourcing Platform

Abstract

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Towards a characterization of crowdsourcing practices

“…Crowdsourcing is also discussed in academic papers dealing with Web 2.0 or Open Source Software (Ågerfalk and Fitzgerald, 2008;Albors et al, 2008;Dahlander and Magnusson, 2008). Interesting cases studies are provided by Brabham (2008) and Chanal and Caron (2008). Finally, Burger-Helmchen and Pénin (2010) propose discussions of Crowdsourcing with respect to Transaction cost theories and evolutionary theories of the firm.…”

Business ecosystems and new venture business models: an exploratory study of participation in the Lead To Win job-creation engine

“…Constrained by limited resources, dependent on the innovations and actions of others, and facing global competition (Bailetti, 2012;Muegge, 2013;Bailetti and Hurley, 2013), entrepreneurs in business ecosystems can achieve more, learn faster, and reach farther than otherwise possible. Prior research has associated improved venture performance with business models that are more novel Amit, 2007, 2008), more differentiated (Shin and Park, 2009;Cennamo and Santalo, 2013), more open (Chesbrough, 2006;Chanal and Caron-Fason, 2010;Frankenberger et al, 2013), and change over time rather than remaining static (Chesbrough and Rosenbloom, 2002;Amit and Zott, 2012). Entrepreneurs should therefore seek out business ecosystems matched to their needs and then participate intensely in those ecosystems.…”

“…The explanation for recent attention seems to be proliferation of alternatives that were previously unavailable (Teece, 2010;George and Bock, 2012;Zott and Amit, 2013) -enabled by abundant information (Shapiro and Varian, 1999;Friedman, 2005), networked computing (Yoo, 2013), digital distribution channels (Timmers, 1998), new ways of conducting transactions (Amit and Zott, 2001;Shin and Park, 2009), the increasing role of software (Messerschmitt and Szyperski, 2003;Cusumano, 2004), expectations that information services have zero cost (Anderson, 2010), viability of new forms and loci of innovation (Chesbrough, 2006;Shirky, 2008;Baldwin and von Hippel, 2011;Chanal and Caron-Fason, 2010), and the increasing ease and fast pace of entrepreneurial activity (George and Bock, 2012;Blank, 2013). Businesses in the past were more alike than businesses today (Teece, 2010), requiring now a greater focus on design.…”

Business ecosystems and new venture business models: an exploratory study of participation in the Lead To Win job-creation engine

“…Businesses that depend on multiple stakeholders with differing motivations -for example, the groups brought together by a digital platform (Cennamo and Santalo, 2013;Edelman, 2015), the participants of an innovation community (Chanal and Caron-Fason, 2010), or the firms operating within a partner network (Palo and Tähtinen, 2013) with critical suppliers or complementors (Brandenburger and Nalebuff, 1996;Yoffie and Kwak, 2006) -have multiple value propositions that express how each stakeholder group experiences value differently.…”