Open-source economics First applied to the open-source software industry, this economic model may be applied to a wide range of enterprises. Some characteristics of open-source economics may include: work or investment is carried out without express expectation of return; products or services are produced through collaboration between users and developers; there is no direct individual ownership of the enterprise itself. As of recently there were no known commercial organizations outside of software that employ open-source economics as a structural base. Today there are organizations that provide services and products, or at least instructions for building such services or products, that use an open-source economic model. The structure of open source is based on user participation. See also References
Wired 14.06: The Rise of Crowdsourcing Remember outsourcing? Sending jobs to India and China is so 2003. The new pool of cheap labor: everyday people using their spare cycles to create content, solve problems, even do corporate R & D. By Jeff HowePage 1 of 4 next » 1. Microwork Microwork is a series of small tasks which together comprise a large unified project, and are completed by many people over the Internet.   Microwork is considered the smallest unit of work in a virtual assembly line.  It is most often used to describe tasks for which no efficient algorithm has been devised, and require human intelligence to complete reliably. The term was developed in 2008 by Leila Chirayath Janah of Samasource.   Microtasking Microtasking is the process of splitting a job into its component microwork and distributing this work over the Internet. Since the inception of microwork, many online services have been developed that specialize in different types of microtasking. Most of them rely on a large, voluntary workforce composed of Internet users from around the world.
Helping to raise business investment for UK entrepreneurs Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning. This page has been approved as a financial promotion by Crowdcube Ventures Limited, which is authorised and regulated by the Financial Conduct Authority. Investments can only be made on the basis of information provided in the pitches by the companies concerned.
Steady state economy A steady state economy is an economy of relatively stable size. It features stable population and stable consumption that remain at or below carrying capacity. The term typically refers to a national economy, but it can also be applied to the economic system of a city, a region, or the entire planet. Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model. Their steady state occurs when investment equals depreciation, and the economy reaches equilibrium, which may occur during a period of growth. Physical features
Solver Develops Solution to Help Clean Up Remaining Oil From the 1989 Exxon Valdez Disaster Boston, MA and Cordova, AK - November 7, 2007 - InnoCentive, the leader in prize-based Open Innovation sourcing, is helping to make a positive impact on Environmental Conservation by working with the Oil Spill Recovery Institute (OSRI) and other conservation groups. OSRI has posted 3 Challenges on the InnoCentive website, all dealing with oil spill recovery issues. The first of these challenges was solved last week by an oil industry outsider who used his expertise in the concrete industry to come up with the winning solution. John Davis, an InnoCentive Solver from the Central United States, was awarded $20,000 for his creative solution. This first OSRI Challenge required a method for separating oil from water on oil recovery barges after the oil and water had frozen to a viscous mass. Having no background in the oil industry, John applied his expertise and proposed using an existing product commonly used in the concrete industry.
Wired 14.06: Look Who's Crowdsourcing By Jeff HowePage 1 of 1 The crowd is ready to work. So who’s hiring? Companies in a wide array of industries are devising ways to harness the intelligence and creativity of distributed labor. Entertainment and news Participatory economics Albert and Hahnel stress that parecon is only meant to address an alternative economic theory and must be accompanied by equally important alternative visions in the fields of politics, culture and kinship. The authors have also discussed elements of anarchism in the field of politics, polyculturalism in the field of culture, and feminism in the field of family and gender relations as being possible foundations for future alternative visions in these other spheres of society. Stephen R. Shalom has begun work on a participatory political vision he calls "par polity".
iNaturalist iNaturalist is citizen science project and online social network of naturalists, citizen scientists, and biologists built on the concept of mapping and sharing observations of biodiversity across the globe. Observations may be added via the website or from a mobile application. The observations provide valuable open data to a variety of scientific research projects, museums, botanic gardens, parks, and other organizations. . Users of iNaturalist have contributed over one million observations since its founding in 2008. History iNaturalist.org began in 2008 as a UC Berkeley School of Information Master's final project of Nate Agrin, Jessica Kline, and Ken-ichi Ueda. Nate Agrin and Ken-ichi Ueda continued work on the site with Sean McGregor, a web developer.
Crowdsourcing improves predictive texting - tech - 25 February 2012 SMARTPHONES may soon get a lot better at finishing your sentences for you - with the help of words and phrases gleaned from crowdsourcing. The software packages in today's phones often struggle with texts and voice commands if a user attempts words or phrases that aren't included in the phone's database. To see if the crowd could help, Keith Vertanen of Montana Tech in Butte and Per Ola Kristensson at the University of St Andrews, UK, called upon workers of the Amazon Mechanical Turk. Environmental economics Environmental Economics is a sub-field of economics that is concerned with environmental issues. Quoting from the National Bureau of Economic Research Environmental Economics program: [...] Environmental Economics [...] undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world [...]. Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming. Topics and concepts
Encyclopedia of Life and iNaturalist work together to support citizen science New free iPhone application allows professionals and amateurs to collaborate on shared species observation projects Washington, DC - June 18, 2012 - The Encyclopedia of Life (EOL), in collaboration with iNaturalist, is pleased to announce support for citizen science “observation checklists.” Using the free tools provided by EOL and iNaturalist, approved species lists created on EOL can now be turned into mobile observation checklists on the free iNaturalist iPhone application (app) and the iNaturalist website. Observations made through the iPhone app in the field can be shared with the world through iNaturalist, where observations are organized, managed and posted for others to see. The new capabilities announced today address an urgent need to link reliable information about biological diversity with the tools to easily record species observations. Joining forces with iNaturalist has been an excellent pilot project for EOL to launch these participatory citizen science capabilities.
Cairns Blog: Crowdsourcing Governance [Video intro ends at 52 seconds; Intro by Dr. Gref ends at 2'18; Speech ends at 11'15; then Q&A] For Prime Minister Putin's presentation, click here. Crowdsourcing Governance We’ve heard today that as individuals we are smarter collaborating together than working alone.