Tutorial 3: Sustaining & Disruptive Innovation Flashcards Preview

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Flashcards in Tutorial 3: Sustaining & Disruptive Innovation Deck (3):
1

Closed vs open innovation

  • “Open Innovation refers to an innovation regime in which an organization opens its innovation processes for both an inflow and an outflow of ideas to external parties.” (Chesbrough 2006) 

  • Closed only in the funnel

2

Outsourcing vs crowdsourcing

  • Outsourcing is a composition of the words outside, resource and using. That means that execution of certain in-house tasks arecompletely transfered to one or several external companies for a certain period of time based on the contractual Service Agreements” (Krcmar 2015) 
  • “Simply defined, crowdsourcing represents the act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call.” (Howe 2006) 

3

Participatory Budgeting / “Bürgerhaushalt” 

  • Opportunities for the government?

  • Challenges?

  • How to face challenges?