IDEAS home Printed from https://ideas.repec.org/a/ids/ijeven/v12y2020i2p183-207.html
   My bibliography  Save this article

The potential of collective intelligence and crowdsourcing for opportunity creation

Author

Listed:
  • Dominik Dellermann
  • Nikolaus Lipusch
  • Philipp Ebel
  • Jan Marco Leimeister

Abstract

Digital technologies inherently change entrepreneurial processes and outcomes. One theoretical perspective that aims at explaining both is the creation view of opportunities, which proposes iterative social interaction between entrepreneurs and interested stakeholders and the evolutionary nature of opportunities as idiosyncratic. While the discussion on the phenomena of crowdsourcing is scarce in entrepreneurship research on opportunity (co-) creation, it provides enormous potential for the field. Within this paper, we focus on providing a theoretical rational for why and how collective intelligence and crowdsourcing as concrete mechanism works for improving the entrepreneurial cognition process. The paper shows that entrepreneurs can leverage collective intelligence to objectify opportunities by starting a sense making process, persuading interested stakeholders, and mobilising external resources, thus limiting the cognitive constraints and bounds of entrepreneurial agents. We thus contribute to the discourse about how opportunities emerge from interactions between entrepreneurs and their social environment and provide an agenda that may guide future research in the field of digital entrepreneurship.

Suggested Citation

  • Dominik Dellermann & Nikolaus Lipusch & Philipp Ebel & Jan Marco Leimeister, 2020. "The potential of collective intelligence and crowdsourcing for opportunity creation," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 12(2), pages 183-207.
    • Handle: RePEc:ids:ijeven:v:12:y:2020:i:2:p:183-207
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=105569
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Phuong Thi Minh Nguyen & Khuong Ngoc Mai & Phuong Ngoc Duy Nguyen, 2023. "Does Trust Affect Antecedents of Inter-Organizational Governance Mechanisms and Elicit Successful Collaboration via Innovation? An Empirical Study from a Market-Oriented Economy in Vietnam," Sustainability, MDPI, vol. 15(12), pages 1-27, June.
    2. Nobari, Niloofar & Dehkordi, Ali Mobini, 2023. "Innovation intelligence in managing co-creation process between tech-enabled corporations and startups," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    3. Yáñez-Valdés, Claudia & Guerrero, Maribel, 2024. "Determinants and impacts of digital entrepreneurship: A pre- and post-COVID-19 perspective," Technovation, Elsevier, vol. 132(C).
    4. Katarzyna Szopik-Depczyńska & Izabela Dembińska & Agnieszka Barczak & Angelika Kędzierska-Szczepaniak & Krzysztof Szczepaniak & Radosław Depczyński & Giuseppe Ioppolo, 2021. "Does Crowdsourcing as Part of User-Driven Innovation Activity Affect Its Results? An Empirical Analysis of R&D Departments in Poland," Energies, MDPI, vol. 14(18), pages 1-20, September.
    5. Yáñez-Valdés, Claudia & Guerrero, Maribel & Barros-Celume, Sebastián & Ibáñez, María J., 2023. "Winds of change due to global lockdowns: Refreshing digital social entrepreneurship research paradigm," Technological Forecasting and Social Change, Elsevier, vol. 190(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeven:v:12:y:2020:i:2:p:183-207. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=123 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.