Posts Tagged: motorola

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 governmentRead… Read more »