The power of crowds: Grand challenges in the Asia-Pacific region

Cynthia Weiyi Cai, Jennifer Gippel, Yushu Zhu and Abhay Kumar Singh
Additional contact information
Cynthia Weiyi Cai: Melbourne Study Group Centre, Charles Sturt University, Melbourne, VIC, Australia
Jennifer Gippel: The Australian National University, Canberra, ACT, Australia
Yushu Zhu: The University of Queensland Business School, St Lucia, QLD, Australia
Abhay Kumar Singh: Department of Applied Finance, Macquarie University, Sydney, NSW, Australia

Australian Journal of Management, 2019, vol. 44, issue 4, 551-570

Abstract: Technology is enabling organizations across the globe – large and small, for-profit and not-for-profit, governments and scientific groups – to harness the resources, knowledge, talent and creativity of crowds, in their effort to find innovative solutions to vexing problems. As contributors to solving grand challenges, crowds are providing data and funds, generating novel ideas and evaluating and developing concrete solutions. This article proposes a conceptual model for understanding the utility of crowdsourcing in the context of grand challenges. The article further identifies some boundary conditions where crowdsourcing may not be useful and discusses significant barriers to applying crowdsourcing in the Asia-Pacific region. We conclude by recognizing some empirical considerations and avenues for future research. JEL Classification: O31, O35

Keywords: Crowdsourcing; grand challenges; open innovation; lead users (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0312896219871979 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:ausman:v:44:y:2019:i:4:p:551-570

DOI: 10.1177/0312896219871979

Access Statistics for this article

More articles in Australian Journal of Management from Australian School of Business
Bibliographic data for series maintained by SAGE Publications ().