The Mating of Ideas

Posted on July 15, 2010 by Bill Petti

TEDGlobal2010 is in full swing and the first talk available for viewing by those of us not lucky enough to be there live is by renowned author Matt Ridley.  Ridley’s talk is titled “When Ideas Have Sex”, and the gist of it is that knowledge is advanced by the recombination or mutation of ideas.  This is a [...]

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Crowdsourcing Problems, Revisited

Posted on April 24, 2010 by Bill Petti

Last year I explored the idea of crowdsourcing problems.  The gist of the post was: The crowdsourcing of problems could accelerate the time it takes businesses to identify gaps in current product or service offerings and spend more time developing better solutions to those problems for businesses and/or consumers. Of course, the danger is that [...]

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Linkage for 1.21.2010

Posted on January 21, 2010 by Bill Petti

The Limits of Innovation: “And the last argument for the limits of innovation has  to do with human nature. Why we choose to adopt things is not a logical process, and is fueled by culture, psychology, timing, and a dozen factors, many which have little to do with new idea X being better than old [...]

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Updated: Crowdsourcing Resources Page

Posted on November 24, 2009 by Bill Petti

I’ve added a few websites to the Crowdsourcing Resources page.  Some highlights include: A prediction market for drug development Personal web-based crowdsourcing applications IBM’s internal translation project As always, let me know if I’ve missed anything good out there.

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Wired’s Crowdsourced Manhunt

Posted on November 23, 2009 by Bill Petti

The current issue of Wired (not available on-line as of this posting) has a must-read article cover story: Gone.  The premise was to determine how easily someone could disappear and adopt a new identity in the digital age.  While people can easily adopt a new life on-line, it would appear exceedingly difficult to avoid detection [...]

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Extended rant: Mark Helprin is not a crowdsourcing/social tech fan

Posted on November 12, 2009 by Bill Petti

McKinsey’s Mary Kunz interviewed Mark Helprin and discussed various issues connected to his view that the “‘all free, all the time ethos’ of the Internet threatens to erode the creation of new knowledge and new art”.  Helprin is a staunch skeptic of the creative and innovative potential of the Internet.  In fact, he stakes out [...]

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While I am traveling…

Posted on November 3, 2009 by Bill Petti

So I will be traveling all day Wednesday and basically Thursday.  Substantive posting will hopefully resume soon after.  In the meantime, here are a few items to keep you busy: Over at Advertising Age, Ana Andjelic discuss why digital agencies aren’t ready to lead.  This article was originally posted over at her blog, i [love] [...]

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The Firm, Transaction Costs, and Organizing for Innovation

Posted on October 27, 2009 by Bill Petti

Ana Anjdelic responded to my latest post with some very interesting points.  She commented that some of my suggestions would significantly increase transaction costs, specifically information search costs incurred by firm.  Ana notes that increasing transaction costs in this way contradicts (or runs logically counter to) Coase’s view of the firm.  She writes: It’s true [...]

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Organizing for Innovation: A conversation with Ana Andjelic

Posted on October 25, 2009 by Bill Petti

Ana Andjelic and I have just started a discussion around how to best organize for innovation.  (BTW, if you aren’t already a reader you should really check out Ana’s blog, i [love] marketing.)  Rather than continue the conversation in the comments thread I thought it might be good to bring it over to the blog. [...]

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Crowdsourcing Earnings Call Questions

Posted on October 17, 2009 by Bill Petti

So it appears that Google has incorporated a bit of crowdsourcing into their earnings calls: Rather than take questions from analysts directly, Google has asked Wall Street’s finest to submit their questions through a service called Google Moderator, and is only responding to questions that receive the most votes from other analysts. The selected questions [...]

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