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Crowdsourcing New Product Ideas Over Time: An Analysis of Dell's Ideastorm Community

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TLDR
Studying Dell's IdeaStorm community, serial ideators are found to be more likely than consumers with only one idea to generate an idea the organization finds valuable enough to implement, but they are unlikely to repeat their early success once their ideas are implemented.
Abstract
Several organizations have developed ongoing crowdsourcing communities that repeatedly collect ideas for new products and services from a large, dispersed “crowd” of non-experts (consumers) over time. Despite its promises, little is known about the nature of an individual’s ideation efforts in such an online community. Studying Dell’s IdeaStorm community, serial ideators are found to be more likely than consumers with only one idea to generate an idea the organization find valuable enough to implement, but are unlikely to repeat their early success once their ideas are implemented. As ideators with past success attempt to again come up with ideas that will excite the organization, they instead end up proposing ideas similar to their ideas that were already implemented (i.e., they generate less diverse ideas). The negative effects of past success are somewhat mitigated for ideators with diverse commenting activity on others’ ideas. These findings highlight some of the challenges in maintaining an ongoing supply of quality ideas from the crowd over time.

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Crowdfunding: Tapping the Right Crowd

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Crowdfunding creative ideas: the dynamics of project backers in kickstarter

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The influence of online information on investing decisions of reward-based crowdfunding

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References
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Journal ArticleDOI

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TL;DR: When participants were shown examples embedded with regular orthographic structures, participants’ nonwords tended to conform orthographically to the examples, despite instructions to avoid using features of the examples.
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The size distribution of innovations revisited: an application of extreme value statistics to citation and value measures of patent significance

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Opportunity Spaces in Innovation: Empirical Analysis of Large Samples of Ideas

TL;DR: A method is proposed to extrapolate how many unique ideas would result from an unbounded effort by an unlimited number of comparable idea generators, and a positive relationship between the number of similar ideas and idea value is found.
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Inventors are not alike: the distribution of patenting output among industrial R&D personnel

TL;DR: The findings of this study suggest that the technological performance of inventors defined by the number and quality of filed patents is highly concentrated, and in particular, a very small group of key inventors is responsible for the major part of the company's technological performance, and thus for theCompany's competitiveness.
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Exploration and exploitation in organizational learning

TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning, and develop an argument that adaptive processes, by refining exploitation more rapidly than exploration, are likely to become effective in the short run but self-destructive in the long run.
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