Archive for the Risk Management for Crowdsourcing Category

The innovation capability of SMEs…

Posted in crowdsourcing, open innovation, Risk Management, Risk Management for Crowdsourcing with tags , , , , , , , on 2010/04/15 by liamaral

How can people, IT tools, structure, culture, and power be connected in order to leverage collective abilities for applying available knowledge to solve problems and search for opportunities (organizational intelligence), accommodating new experience (organizational learning), and producing new ideas and things (organizational creativity) so that the group of organizational members can effectively contribute to the organizational well-being? You could answer some questions like  these  visiting the KMOWL web site.

KMOWL is a Special Interest Group in Knowledge Management that carries out interdisciplinary Research and Development projects as well as Education projects, with the aim of developing systematic and comprehensive approaches to the organizational process of knowledge management. These approaches are to built upon the theoretical and methodological tools developed in scientific fields such as sociology, psychology, management, cognitive scieces, neuroscience and information systems.

That’s right that open innovation refers to the ability of firms to open themselves up to external networks and relationships in order to gain the full potential of their investments in innovation. How  creating an open innovation action system and managing innovative projects… maybe the answef for this question is an open innovation business ecosystem…

In this context, prof. PhD Isabel Ramos is cordinating and improving a research crowdsourcing  innovation group, that aims to promote the innovation capability of SMEs and economic value of knowledge and creativity of high qualified individuals and small research teams. That´s a open innovation business ecosystem!

A business ecosystem is an economic community crossing many industries working together (cooperatively)  and competitively in production, innovative customer service and innovation process.

But we know that crowdsourcing innovation need to be tailored and controlled in all steps.and we think that since platforms are repositories of knowledge, potential contributors need access to build their own business model and value proposition.

Advised by Prof Isabel, Cândida Elisa a PhD Student is researching about knowledge repositories for crowdsourcing innovation. 

A knowledge repository is a system that supports all kind of data, from a variety of heterogeneous sources, such as structured data […] The main functions of a knowledge repository are the capture, storage, maintenance and retrieval of knowledge from all the available sources. These functions must include both the capabilities for assimilating knowledge from outside (such as competitive intelligence systems acquiring information about other companies in the same industry) and capabilities for creating new knowledge from the reinterpretation and reformulation of existing and newly acquired information”. (Cândida Elisa, 2008) .

In this era, generically known as the information age, there is a dramatically need for changing the way companies access information. The Web 2.0 collaborative society, supporting new ways of accessing, exchanging and promoting information, may transform its workers, the knowledge workers, in the basis of a sustainable platform organizations may use to get competitive advantages and innovate.  We believe that the management of organizational memory, sustained in its three forms of intellectual capital is, therefore, essential and, up to the moment, difficult to achieve, as no significant and practical results were produced to improve it.  Luis Mourão, another PhD Student advised by Prof. Isabel Ramos is improving a research project that aims to develop a systemic approach to allow the diagnose and intervention in organizational memory, seen as a dynamic system, gathering all its components into a useful model capable to provide the knowledge about the distributed capacity an organization has to capture and mobilize knowledge serving as the base to the development of a diagnostic and intervention model in organizational memory, as well as the construction of a prototype to support the monitoring of organizational memory evolution.

  • What are the risks associated with crowdsourcing innovation brokering, both internal to an organization or externally available by brokering businesses? What should be risk management model for crowdsourcing  innovation? What kind of information system should be defined to effectively support the management of risks associated with crowdsourcing innovation?

My PhD research is focused on producing a methodology to manage risks associated with crowdsourcing innovation, delivered by internal or external brokers, and on defining the functional and informational requirements of an information system to support risk management to empower managers preventing and / or mitigating the materialization of risks in   innovation brokering services specialized in the innovation needs of technology based firms.

ICICKM 2010 – call for papers

Posted in crowdsourcing, open innovation, Risk Management, Risk Management for Crowdsourcing, Uncategorized on 2010/04/15 by liamaral

7th International Conference on Intellectual Capital, Knowledge Management & Organisational Learning
The Hong Kong Polytechnic University, Hong Kong, China

11-12 November 2010

Call for Papers: 

Case studies and work-in-progress/posters are welcomed approaches. PhD Research, proposals for roundtable discussions, non-academic contributions and product demonstrations based on the main themes are also invited.Important Dates
Publication Opportunity
Papers accepted for the conference will be published in the conference proceedings, subject to author registration. The proceedings have an ISBN and ICICKM proceedings are listed in the Thomson Reuters ISI Index to Social Sciences & Humanities Proceedings (ISSHP) and the Thomson Reuters ISI Index to Social Sciences & Humanities Proceedings (ISSHP/ISI Proceedings).

Abstract submission deadline: 22 April 2010     
Notification of abstract acceptance: 29 April 2010    
Full paper due for review: 10 June 2010    
Notification of paper acceptance(with any requested changes): 19 August 2010    
Earlybird registration closes 2 September 2010    
Final full paper due (with changes): 16 September 2010    
Final author registration date: 7 October 2010   


Posted in crowdsourcing, open innovation, Risk Management, Risk Management for Crowdsourcing with tags , , on 2010/04/14 by liamaral
Proposals Submission Deadline: 4/30/2010
A book edited by Dr. Hakikur Rahman and Dr. Isabel Ramos, University of Minho, Portugal


Recent years have seen a paradigm shift in operational and managment aspectos of successful entrepreneurship and value addition within an enterprise….Innovation has been transformed into open innovation, in terms of products, processes and services. Innovations has been transformed into open innovation rather then closed innovation, which seems more traditional. Small and medium enterprises SMEs play a critical role in this transformation of innovation strategies for business promotion, value gain and economic empowerment of a country……. see more

This book is scheduled to be published by IGI Global (formerly Idea Group Inc.), publisher of the “Information Science Reference” (formerly Idea Group Reference), “Medical Information Science Reference,” and “IGI Publishing” imprints. For additional information regarding the publisher, please visit This publication is anticipated to be released in 2011.

Important Dates:
April 30, 2010: Proposal Submission Deadline
May 15, 2010: Notification of Acceptance
August 30, 2010: Full Chapter Submission
September 30, 2010: Review Result Returned
November 30, 2010:
Final Chapter

Risk and Crowdsourcing Innovation

Posted in crowdsourcing, open innovation, Risk Management, Risk Management for Crowdsourcing with tags , , , on 2009/04/28 by liamaral

It is very important for managers identify the risks associated with projects and integration of project results, new processes or technologies, in the business model of the company or group of companies. Risk and uncertainty are inherent in innovation activities where objectives are path generation, i.e. breaking away from path dependencies to create new markets with pioneering technologies (Ahuja, et al., 2001). The risk management process includes the stages of defining management policies, procedures, monitoring practices of the risk life-cycle and of the tasks required to mitigate the risk. The monitoring of the risk’s life-cycle includes establishing the context, identifying, analyzing, evaluating, treating, monitoring and reviewing the risk.



How to manage risks in crowdsourcing innovation?

Posted in Risk Management for Crowdsourcing with tags , , on 2009/04/07 by liamaral

On my PhD thesis research I will build the theoretical framework that will make possible an enhanced understanding of this complex socio-organizational problem related with risk taken and crowdsourcing innovation.  So the research question will concentrate on each of the following items:

        What risks are associated with the prospect of crowdsourcing  innovation

        What model of risk management to implement based on a model of crowdsourcing  innovation

        What human aspects should be considered and what management style should be adopted

        What kind of technology architecture is most appropriate to implement a risk management model associated to  crowdsourcing innovation