Test-Driving the Future: How Design Competitions Are Changing Innovation
Article
Lampel, J., Jha, P. P. and Bhalla, A. 2012. Test-Driving the Future: How Design Competitions Are Changing Innovation. Academy of Management Perspectives. 26 (2), pp. 71-85. https://doi.org/10.5465/amp.2010.0068
Authors | Lampel, J., Jha, P. P. and Bhalla, A. |
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Abstract | 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. |
Journal | Academy of Management Perspectives |
Journal citation | 26 (2), pp. 71-85 |
ISSN | 1943-4529 |
Year | 2012 |
Publisher | Academy of Management |
Publisher's version | File Access Level Repository staff only |
Digital Object Identifier (DOI) | https://doi.org/10.5465/amp.2010.0068 |
Publication dates | |
Online | 19 Jul 2012 |
Publication process dates | |
Deposited | 04 Sep 2024 |
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