Found 2 article(s) for author 'Crowdsourcing'

Establishing a Center of Excellence to Scale and Sustain Open Innovation

Establishing a Center of Excellence to Scale and Sustain Open Innovation. Karim Lakhani, February 7, 2019, Paper, “Organizations face many issues in scaling and sustaining successful pilot programs in open innovation. This paper describes a set of recommendations to accelerate these practices in order to develop a Center of Excellence (CoE) that can increase adoption. The experience of the Human Health and Performance Directorate (HH&P) at the NASA Johnson Space Center spanned more than seven years from initially learning about open innovation to the successful establishment of a CoE; this paper provides recommendations on how to decrease this timeline to three to four years. Organizations must anticipate success with initial pilot programs and conduct many future activities in parallel to achieve the recommended timeline. Simultaneously, organizations must develop strategies to overcome the internal resistance and cultural barriers to finding novel ideas and solutions to fully realize the potential of open innovation.Link

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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

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