TY - JOUR
T1 - Test-Driving the Future: How Design Competitions Are Changing Innovation
AU - Lampel, Joseph
AU - Jha, Pushkar
AU - Bhalla, Ajay
PY - 2012
Y1 - 2012
N2 - As organizations realize the potential of “open innovation” models, design competitions—target-setting events that offer monetary awards and other benefits to contestants—are regaining popularity as an innovation tool. In this paper we look at the innovation agendas of organizations and individuals who sponsor and organize design competitions. We then examine the architecture and governance of such competitions, and explore how open innovation and crowdsourcing, in combination with online platforms, have transformed design competitions. Finally, we look at the evolution of design competitions and highlight their expanding scope and complexity.
AB - As organizations realize the potential of “open innovation” models, design competitions—target-setting events that offer monetary awards and other benefits to contestants—are regaining popularity as an innovation tool. In this paper we look at the innovation agendas of organizations and individuals who sponsor and organize design competitions. We then examine the architecture and governance of such competitions, and explore how open innovation and crowdsourcing, in combination with online platforms, have transformed design competitions. Finally, we look at the evolution of design competitions and highlight their expanding scope and complexity.
KW - Innovation processes
KW - technology and innovation management
KW - product development strategies
U2 - 10.5465/amp.2010.0068
DO - 10.5465/amp.2010.0068
M3 - Article
VL - 26
SP - 71
EP - 85
JO - Academy of Management Perspectives
JF - Academy of Management Perspectives
SN - 1558-9080
IS - 2
ER -