Crowdsourcing: knowledge decentralization and its impact on production and business models

Active participation of users on the Internet has not only begun to stimulate new production models, but also business models around it. Many companies are beginning to exploit competitive advantages in costs or differentiation, derived from people participation and their willingness to collaborate...

Full description

Bibliographic Details
Main Authors: Mª Isabel Alonso de Magdaleno, Jesús García García
Format: Article
Language:English
Published: Universidad del País Vasco (UPV/EHU) 2014-12-01
Series:Management Letters/Cuadernos de Gestión
Subjects:
Online Access:http://www.ehu.es/cuadernosdegestion/revista/index.php/en/numeros?a=da&y=2014&v=14&n=2&o=2
_version_ 1818133041300635648
author Mª Isabel Alonso de Magdaleno
Jesús García García
author_facet Mª Isabel Alonso de Magdaleno
Jesús García García
author_sort Mª Isabel Alonso de Magdaleno
collection DOAJ
description Active participation of users on the Internet has not only begun to stimulate new production models, but also business models around it. Many companies are beginning to exploit competitive advantages in costs or differentiation, derived from people participation and their willingness to collaborate on various projects, which did not always have an economic return; and when this return exists is often less than required by a professional for the same work. This paper analyzes the phenomenon of crowdsourcing from both sides and the economic and social impact that it has produced during recent years. We begin with a critical approach to Internet consideration as a participative space that empowers individuals and economic agents, given that crowdsourcing foundations are on the network effect, and with a discussion about its advantages and limitations. Later, main features are structured, based on the study of different cases, in order to set three basic patterns depending on crowdsourcing shall be considered either as a business model, as an altruistic collaborative production mean or as an hybrid of the above two.
first_indexed 2024-12-11T08:46:25Z
format Article
id doaj.art-1e0798e9b60746e2923d4e6e31f25836
institution Directory Open Access Journal
issn 1131-6837
1988-2157
language English
last_indexed 2024-12-11T08:46:25Z
publishDate 2014-12-01
publisher Universidad del País Vasco (UPV/EHU)
record_format Article
series Management Letters/Cuadernos de Gestión
spelling doaj.art-1e0798e9b60746e2923d4e6e31f258362022-12-22T01:14:07ZengUniversidad del País Vasco (UPV/EHU)Management Letters/Cuadernos de Gestión1131-68371988-21572014-12-01142335010.5295/cdg.120351maCrowdsourcing: knowledge decentralization and its impact on production and business modelsMª Isabel Alonso de Magdaleno0Jesús García García1Facultad de Economía y Empresa, Departamento de Administración de Empresas, Avenida del Cristo s/n, 33071, Oviedo (Asturias). ialonso@uniovi.esFacultad de Economía y Empresa, Departamento de Contabilidad, Avenida del Cristo s/n, 33071, Oviedo (Asturias). jesgar@uniovi.esActive participation of users on the Internet has not only begun to stimulate new production models, but also business models around it. Many companies are beginning to exploit competitive advantages in costs or differentiation, derived from people participation and their willingness to collaborate on various projects, which did not always have an economic return; and when this return exists is often less than required by a professional for the same work. This paper analyzes the phenomenon of crowdsourcing from both sides and the economic and social impact that it has produced during recent years. We begin with a critical approach to Internet consideration as a participative space that empowers individuals and economic agents, given that crowdsourcing foundations are on the network effect, and with a discussion about its advantages and limitations. Later, main features are structured, based on the study of different cases, in order to set three basic patterns depending on crowdsourcing shall be considered either as a business model, as an altruistic collaborative production mean or as an hybrid of the above two.http://www.ehu.es/cuadernosdegestion/revista/index.php/en/numeros?a=da&y=2014&v=14&n=2&o=2CrowdsourcingCollaborative ProductionBusiness Model
spellingShingle Mª Isabel Alonso de Magdaleno
Jesús García García
Crowdsourcing: knowledge decentralization and its impact on production and business models
Management Letters/Cuadernos de Gestión
Crowdsourcing
Collaborative Production
Business Model
title Crowdsourcing: knowledge decentralization and its impact on production and business models
title_full Crowdsourcing: knowledge decentralization and its impact on production and business models
title_fullStr Crowdsourcing: knowledge decentralization and its impact on production and business models
title_full_unstemmed Crowdsourcing: knowledge decentralization and its impact on production and business models
title_short Crowdsourcing: knowledge decentralization and its impact on production and business models
title_sort crowdsourcing knowledge decentralization and its impact on production and business models
topic Crowdsourcing
Collaborative Production
Business Model
url http://www.ehu.es/cuadernosdegestion/revista/index.php/en/numeros?a=da&y=2014&v=14&n=2&o=2
work_keys_str_mv AT maisabelalonsodemagdaleno crowdsourcingknowledgedecentralizationanditsimpactonproductionandbusinessmodels
AT jesusgarciagarcia crowdsourcingknowledgedecentralizationanditsimpactonproductionandbusinessmodels