Posts Tagged: markets

Idea generation: who cares? (I mean, seriously?!)

I’ve been thinking about and studying the whole “here comes everybody” phenomenon recently. And, while I’m not going to offer any definitive conclusions, I thought I would offer a mish-mash of some of my personal observations and findings: first, to see if any resonate and, second, to see what I can learn from others who… Read more »

Could Prediction Markets concept be applied to government projects?

Motorola uses a prediction market to gather new ideas from employees and predict their success based on how willing individuals are to buy “stock” in them. They launched a system called ThinkTank in 2003 to collect potential innovations. Employees are given $100K in virtual dollars to vote on ideas at $10 per share. Perhap government… Read more »