InnoCentive
InnoCentive is an open innovation and crowdsourcing company with its worldwide headquarters in Waltham, MA and their EMEA headquarters in London, UK. They enable organizations to put their unsolved problems and unmet needs, which are framed as ‘Challenges’, out to the crowd to address. In the case of InnoCentive, the crowd can either be external (i.e., their network of over 380,000 problem solvers) or internal (i.e., an organization's employees, partners or customers). Awards, typically monetary, are given for submissions that meet the requirements set out in the Challenge description. The average award amount for a Challenge is $20,000 but some offer awards of over $100,000. To date, InnoCentive have run over 2,000 external Challenges and over 1,000 internal Challenges, awarding over $20 million in the process. Wazoku acquired InnoCentive in July 2020. History The idea for InnoCentive came to Alpheus Bingham and Aaron Schacht in 1998 while they worked together at Eli Li ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Crowdsourcing Projects
Below is a list of projects that rely on crowdsourcing. See also open innovation. A * Adaptive Vehicle Make was a project overseen by DARPA to crowdsource the design and manufacture of a new armored vehicle. * Air Quality Eggs by WickedDevices are open-source hardware Internet of Things pollution monitors that facilitate citizen crowdsourcing of air quality readings * Amara is a website that enables crowdsourced translations of videos from a variety of popular video hosting websites. The subtitles created are used to make online video content accessible to a wider audience, including the deaf and hard of hearing, and those who cannot understand the language of the source. * Amazon Mechanical Turk, a platform on which crowdsourcing tasks called "HITs" (Human Intelligence Tasks") can be created and publicized and people can execute the tasks and be paid for doing so. Dubbed "Artificial Artificial Intelligence", it was named after The Turk, an 18th-century chess-playing "machi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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OmniCompete
OmniCompete is an organisation specialising in the design and implementation of innovation competitions. In February 2012 OmniCompete was acquired by InnoCentive. One of the original founders went on to co-found the crowdsharing platform Zyncd in 2014. OmniCompete OmniCompete is an organisation specialising in the design and implementation of innovation competitions. It promotes Open Innovation through various prize challenges worldwide, offering financial rewards to successful innovators from across a diverse range of industries and sectors. Previous and ongoing competitions include the Global Security Challenge, the Energy Storage Challenge, the Cyber Security Challenge and the Health Pitch Battlefield. History The idea behind OmniCompete and its predecessor company, Global Security Challenge (GSC) was developed at London Business School in 2005, where the founders met during their MBAs. Simon Schneider and Janeen Chupa-Brimacombe founded the Global Security Challenge i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crowdsourcing
Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digital platforms to attract and divide work between participants to achieve a cumulative result. Crowdsourcing is not limited to online activity, however, and there are various historical examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and "outsourcing". In contrast to outsourcing, crowdsourcing usually involves less specific and more public groups of participants. Advantages of using crowdsourcing include lowered costs, improved speed, improved quality, increased flexibility, and/or increased scalability of the work, as well as promoting diversity. Crowdsourcing methods include competitions, virtual labor markets, open online collaboration and data donation. Some forms of crowdsourcing, such as in "idea competiti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Inducement Prize Contest
An inducement prize contest (IPC) is a competition that awards a cash prize for the accomplishment of a feat, usually of engineering. IPCs are typically designed to extend the limits of human ability. Some of the most famous IPCs include the Longitude prize (1714–1765), the Orteig Prize (1919–1927) and prizes from enterprises such aChallenge Worksand the X Prize Foundation. IPCs are distinct from recognition prizes, such as the Nobel Prize, in that IPCs have prospectively defined criteria for what feat is to be achieved for winning the prize, while recognition prizes may be based on the beneficial effects of the feat. History Throughout history, there have been instances where IPCs were successfully utilized to push the boundaries of what would have been considered state-of-the-art at the time. The Longitude Prize was a reward offered by the British government for a simple and practical method for the precise determination of a ship's longitude. The prize, established t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chemistry
Chemistry is the scientific study of the properties and behavior of matter. It is a physical science within the natural sciences that studies the chemical elements that make up matter and chemical compound, compounds made of atoms, molecules and ions: their composition, structure, properties, behavior and the changes they undergo during chemical reaction, reactions with other chemical substance, substances. Chemistry also addresses the nature of chemical bonds in chemical compounds. In the scope of its subject, chemistry occupies an intermediate position between physics and biology. It is sometimes called the central science because it provides a foundation for understanding both Basic research, basic and Applied science, applied scientific disciplines at a fundamental level. For example, chemistry explains aspects of plant growth (botany), the formation of igneous rocks (geology), how atmospheric ozone is formed and how environmental pollutants are degraded (ecology), the prop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Return On Investment
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.Return On Investment – ROI , Investopedia as accessed 8 January 2013 In economic terms, it is one way of relating profits to capital invested. Purpose In business, ...[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Essity
Essity AB (commonly known as Essity) is a Swedish multinational company specializing in hygiene and health products headquartered in Stockholm, Sweden. Established in 2017 through a spin-off from the forest products company Svenska Cellulosa Aktiebolaget (SCA), Essity operates in approximately 150 countries and serves more than one billion people worldwide with its range of products Essity's name is derived from the words "essentials" and "necessity," reflecting its focus on essential hygiene and health products. Essity's range of products includes personal care items, consumer tissue products, professional hygiene solutions, and medical care goods. The company is known for its well-established brands like TENA, Tork, and Libero. It's products are designed for single use and include items like tissue paper, baby diapers, feminine care (menstruation pads, etc.), incontinence products, compression therapy, orthopedics and wound care. Essity has approximately 36,000 empl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Forrester Research
Forrester Research, Inc. is a research and advisory firm. Forrester serves clients in North America, Europe, and Asia Pacific. The firm is headquartered in Cambridge, Massachusetts, Cambridge, MA with global offices in Amsterdam, London, New Delhi, New York City, New York, NY, Norwalk, Connecticut, Norwalk, CT, San Francisco, Singapore, Stockholm, and Sydney. History and Key Milestones * Forrester was founded in July 1983 by George Forrester Colony in Cambridge, Massachusetts, Cambridge, MA. * In January 2019, Forrester completed thacquisition of SiriusDecisions a business-to-business research and advisory firm, for $245 million in cash. This acquisition expanded Forrester’s capabilities in B2B marketing, sales, and product alignment, integrating SiriusDecisions’ methodologies, including the Demand Waterfall framework. Leadership * George F. Colony, chairman of the board and CEO. References External links * {{official website, http://www.forrester.com India to b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Master's Degree
A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice. A master's degree normally requires previous study at the bachelor's degree, bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Agricultural Science
Agricultural science (or agriscience for short) is a broad multidisciplinary field of biology that encompasses the parts of exact, natural, economic and social sciences that are used in the practice and understanding of agriculture. Professionals of the agricultural science are called agricultural scientists or agriculturists. History In the 18th century, Johann Friedrich Mayer conducted experiments on the use of gypsum (hydrated calcium sulfate) as a fertilizer.John Armstrong, Jesse Buel. ''A Treatise on Agriculture, The Present Condition of the Art Abroad and at Home, and the Theory and Practice of Husbandry. To which is Added, a Dissertation on the Kitchen and Garden.'' 1840. p. 45. In 1843, John Bennet Lawes and Joseph Henry Gilbert began a set of long-term field experiments at Rothamsted Research in England, some of which are still running as of 2018. In the United States, a scientific revolution in agriculture began with the Hatch Act of 1887, which used the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |