Exploring Crowdsourcing and Ecosystems: Module 3 Assignment
VerifiedAdded on 2022/08/25
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Homework Assignment
AI Summary
This assignment analyzes the concept of "the crowd" and its application in business, specifically focusing on crowdsourcing and crowdfunding platforms. The solution explores various websites, including Innocentive, 99 Designs, P&G Connect & Develop, Quirky, Experiment, Threadless, Zooniverse, and Kickstarter, examining how each utilizes the crowd to achieve its goals. The assignment differentiates between crowdsourcing, which involves obtaining content, services, or ideas from a large group, and crowdfunding, which specifically focuses on raising funds from a crowd. Examples like Threadless and Kickstarter are used to illustrate these concepts, providing a clear understanding of how businesses leverage the crowd for innovation, design, and funding. The assignment highlights the role of the internet in facilitating these processes and provides a comprehensive overview of the crowd's impact on various industries.
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