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Economics

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	Date/Time	Made By	Edit Note	Type	Scope
	Jun 12 2008, 10:04 AM EDT	crowdforum		edit	14 words added 4 words deleted
Change: customers, flow is bottom upBelow is a YouTube video on the topic of crowdsourcing economics.Phases of Crowdsourced OrganizationsThe crowdsource organizational spectrum can be organized from "Inwardly Focused" to "Pure Crowdsourced". Management features View changes from previous version. (Word count: 381)
	Jun 11 2008, 10:56 PM EDT	crowdforum		edit	2 words added 2 words deleted 1 image added 1 image deleted
Change: SetiSETI is world's largest computer) Vendors are partners, open systems (Toyota, Lifen)Lifan) Innovation no longer sacred, find value in smallest suggestion, start conversation with customersBelow is a YouTube video on the topic of crowdsourcing economics.Phases of Crowdsourced OrganizationsThe crowdsource organizational spectrum View changes from previous version. (Word count: 370)
	Jun 11 2008, 3:43 PM EDT	crowdforum		edit	25 words added 21 words deleted
Change: The Economis of CrowdsourcingIn order to fully understand crowdsourcing,crowdsourcing business youleaders need to understand why it makes economic sense and how organizations who use crowdsourcing benefit financially. Traditional Companies are Characterized By: VerticalFunctions in (silo)Vertical integration(silo(s)) Product development is tightly held secret Scale View changes from previous version. (Word count: 370)
	May 31 2008, 8:39 AM EDT	crowdforum		edit	174 words added 5 words deleted
Change: The crowdsource organizational spectrum can be organized from "Inwardly Focused" to "Pure Crowdsourced". Management features run the vertical axis and include: management structure, how people are promoted, who is allowed to innovate, etc.Adapted from projectized matrix in Project Management Body of Knowledge (PMBOK) Type of Org.Management View changes from previous version. (Word count: 366)
	May 30 2008, 5:12 PM EDT	crowdforum		edit	200 words added 2 images added 1 widget added
Change: Create a market: (Linux, IMB, Lifan) created markets and then gave away core product. They make money by selling services to that product. Giving the product away creates some advantages: Price competition is gone (can not be under sold on View changes from previous version. (Word count: 202)
	May 30 2008, 4:50 PM EDT	crowdforum		create	No content added or deleted.
Change: Created by crowdforum May 30 2008, 4:50 PM EDT for: no reason given

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