Found 2 article(s) for author 'Design'

Firms, crowds, and innovation

Firms, crowds, and innovation. Karim Lakhani, May 2017, Paper, “The purpose of this article is to suggest a (preliminary) taxonomy and research agenda for the topic of “firms, crowds, and innovation” and to provide an introduction to the associated special issue. We specifically discuss how various crowd-related phenomena and practices–for example, crowdsourcing, crowdfunding, user innovation, and peer production–relate to theories of the firm, with particular attention on “sociality” in firms and markets. We first briefly review extant theories of the firm and then discuss three theoretical aspects of sociality related to crowds in the context of strategy, organizations, and innovation: (1) the functions of sociality (sociality as extension of rationality, sociality as sensing and signaling, sociality as matching and identity), (2) the forms of sociality (independent/aggregate and interacting/emergent forms of sociality), and (3) the failures of sociality (misattribution and misapplication). We conclude with an outline of future research directions and introduce the special issue papers and essays.Link

Tags: , , , , , , , , ,

Prodigy Network: Democratizing Real Estate Design and Financing

Prodigy Network: Democratizing Real Estate Design and Financing. Karim R. Lakhani, March 2014, Case. “This case follows Rodrigo Nino, founder and CEO of commercial real estate development company Prodigy Network, as he develops an equity-based crowdfunding model for small investors to access commercial real estate in Colombia, then tries out the model in the U.S. U.S. regulations, starting with the Securities Act of 1933, effectively barred sponsors from soliciting small investors for large commercial real estate. However…” May require purchase or user account. Link┬áVerified October 11, 2014

Tags: , , , , , , , , , , , , , , , , , , , , , ,