croudfunding

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http://www.huffingtonpost.com/dylan-reid/student-entrepreneurs-cre_b_853903.html As June approaches, the million and a half students set to graduate from college in the U.S. this year likely have just one thing are their mind: the job market.

Dylan Reid: Young Entrepreneurs Create Their Own Jobs

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While crowdsourcing is mainly focused on the knowledge and preferences of consumers (as input for innovation for example), crowdfunding is about the financing of projects and people by (large) crowds. Prime examples of crowdfunding are: What’s the relevance to managers and entrepreneurs? Mainly the crowdfunding of projects might open up new opportunities. http://www.openinnovators.net/crowdfunding-a-brief-explanation/

Crowdfunding: open business models - Open innovation and crowdsourcing