@inproceedings{f819575467c245cabe0bf7fcdb1f2942,
title = "What are key components when creating an innovative crowdsourcing business model",
abstract = "Crowdsourcing, as a new business model, can effectively reduce the cost of enterprises, stimulate public participation's passion and enable enterprises to obtain multi-channel innovation. From the point of view of business model, Crowdsourcing can effectively improve the enterprise's overall value proposition, value creation, value transfer and value network construction. Although nowadays Crowdsourcing is widely applied across industries, it is still imperfect in implementing at a practical level, especially when adapt it to fit for different industries. This paper focuses on (1) the identification of key components in an innovative business model, and (2) discussion on how to create an innovative Crowdsourcing business model, which forms a framework for developing Crowdsourcing business models at different levels of detail such as types of industries, types of platforms and types of tasks.",
keywords = "Business model, Crowdsourcing, Value capture, Value creation, Value network, Value proposition, Value transfer",
author = "Yanfeng Liu and Yanmeng Xu and Shengfeng Qin",
year = "2018",
month = sep,
doi = "10.23919/IConAC.2018.8748971",
language = "English",
series = "ICAC 2018 - 2018 24th IEEE International Conference on Automation and Computing: Improving Productivity through Automation and Computing",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
editor = "Xiandong Ma",
booktitle = "ICAC 2018 - 2018 24th IEEE International Conference on Automation and Computing",
address = "United States",
note = "24th IEEE International Conference on Automation and Computing, ICAC 2018 ; Conference date: 06-09-2018 Through 07-09-2018",
}