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The Hare and the Tortoise, Jean Grandville (1803-1847) from the 1855 edition of La Fontaine's Fables (Source: Wikipedia Commons)

Crowdfunding: How a Slow Process Helps in the Long Run

Idea posted: November 2013
  • Finance
  • Innovation & Entrepreneurship

The open process of crowdfunding has some unexpected marketing and funding implications. For example, getting money for your venture faster undermines the marketing potential of crowdfunding. And, for donors at least, a sudden influx of money can lead subsequent donors to look for opportunities elsewhere.

Idea #255
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Navigating the Global Online Contract Labour Market

Idea posted: April 2014
  • Strategy
  • Innovation & Entrepreneurship
  • Operations

Online labour markets match employers, mostly from richer economies, with skilled contractors in large part from developing economies for the performance of a variety of projects large and small. With a growing pool of experienced contractors and platform design features that alert employers about potential hidden quality problems, this market is soaring. The economic impact is generally positive, with wages often higher than the average in the contractors’ country of origin, while still providing cost savings to employers, and a larger pool of potential contractors increasing the

Idea #354
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