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OALib Journal期刊
ISSN: 2333-9721
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-  2018 

How to Scale Crowdsourcing Platforms

DOI: 10.1177/0008125617738261

Keywords: crowdsourcing,business models,scaling,platforms,open innovation

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Abstract:

Innovative companies are building their business upon the participation of crowds. These crowdsourcing business models are powerful because they are scalable. By encouraging external innovators to contribute to value creation, crowdsourcing innovation platforms have the capability to grow significantly in size and revenue without equally increasing its costs. However, quickly and sustainably scaling crowdsourcing platforms is a daunting challenge. This article considers more than 20 leading crowdsourcing ventures to identify scaling challenges and strategies. The resulting framework presents scaling paths for managers of crowdsourcing ventures as well as executives of traditional companies who seek to build scalable crowdsourcing platforms

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