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How to Scale Crowdsourcing Platforms By encouraging external innovators to contribute to value creation, crowdsourcing platforms can grow significantly in size and revenue while keeping costs low. But quickly and sustainably scaling crowdsourcing platforms is still a daunting challenge.
Decentralization and Localization of Production Additive manufacturing has been called "the third industrial revolution." The widespread adoption of 3D printing will dramatically change the business landscape over the coming decades by disrupting existing models of manufacturing and distribution that rely on economies of scale.
How to Survive Artificial Intelligence Economists expect that widespread automation driven by artificial intelligence will displace workers across many industries. Even if the effects of automation are exaggerated, it is clear that the labor market will need to adjust. Which professions are the safest? (more)
Online Reviews: Popular, But Useful? Customer reviews have become ubiquitous in online retail. Much like consumers, companies rely on these reviews as a source of valuable information that can inform future product development. What happens when companies pay for fake reviews? (more)
Adaptation as the Key to Survival Comparing thyssenkrupp’s recent innovation strategies to IBM’s past innovation strategies can help us learn how corporate adaptation plays out in the real world of cut-throat business competition. (more)
Vizio: Network Efficiency Vizio leveraged an efficiency-based business model to become the dominant flat panel TV vendor in the United States.
E-Retail: The Last Mile Problem Many customers now expect a consistent, convenient shopping experience across different channels and devices. But providing that experience can become a logistical challenge.
Artificial Intelligence and Healthcare The future of health care may change dramatically as entrepreneurs offer solutions that change how we prevent, diagnose, and cure health conditions, using artificial intelligence (AI).
Responding to Digital Piracy Digital piracy challenges firms by reducing revenues and shifting consumption habits. Recently, some firms like Spotify and Netflix have worked to find a new viable business model.