PRESS-NEWS.org - Press Release Distribution
PRESS RELEASES DISTRIBUTION

Study: Open collaboration, which led to Bitcoin, TedX & Wikipedia, likely to grow

New research in INFORMS Journal shows that open collaboration brings innovation

2014-01-02
(Press-News.org) Contact information: Barry List
barry.list@informs.org
443-794-5182
Institute for Operations Research and the Management Sciences
Study: Open collaboration, which led to Bitcoin, TedX & Wikipedia, likely to grow New research in INFORMS Journal shows that open collaboration brings innovation Open collaboration – which has brought the world Bitcoin, TEDx and Wikipedia – is likely to expand into new domains and displace traditional organizations, according to a paper in a journal of the Institute for Operations Research and the Management Sciences (INFORMS®). "Open Collaboration: Principles and Performance," by Sheen S. Levine of Columbia University and Michael J. Prietula of Emory University, appears in the INFORMS journal Organization Science. The study can be viewed at http://pubsonline.informs.org/stoken/default+domain/INFORMS_press_Levine/full/10.1287/orsc.2013.0872. In the paper, Levine and Prietula explain how open collaboration creates new kinds of organizations that are not quite non-profits and not quite corporations. They describe the operating principles and build on recent research in psychology and economics to model the performance of open collaboration. They show that such open collaborations perform well even in seemingly harsh environments, for example, when cooperators are members of a minority group, "free riders" who tag along, where diversity is lacking, or when goods rival one another. They conclude that open collaboration is likely to expand into new domains, displacing traditional organizations. They suggest that executives and civic leaders should take heed. The authors define open collaboration as "any system of innovation or production that relies on goal-oriented yet loosely coordinated participants who interact to create a product (or service) of economic value, which they make available to contributors and non-contributors alike." Open collaboration emerged with open source software less than two decades ago. Its underlying principles are now found in many other ventures. Some of them are Internet-based, for example Wikipedia, online forums, communities, and Bitcoin. Others are off-line: TEDx, medicine, and traditional scientific experimentation. Such ventures have been affecting traditional firms, with, for example, Wikipedia supplanting Encyclopedia Britannica as a major general research tool. But despite the impact, the operating principles of open collaboration were opaque. The new research explains how these new organizations operate, and where they are likely to succeed. ### About INFORMS The Institute for Operations Research and the Management Sciences (INFORMS®) is the leading professional society made up of the foremost minds in the world of analytics. More than 10,000 members worldwide, including Nobel Prize laureates, turn to INFORMS to provide leading industry best practices, training and events focused on data analytics and operations research. Members of INFORMS work in business, government and academia and represent fields as diverse as airlines, health care, law enforcement, the military, financial services, retail, engineering and telecommunications. The Society serves the scientific and professional needs of operations research analysts, experts in Big Data and analytics, consultants, scientists, students, educators and managers, as well as their institutions. It publishes a variety of journals, hosts conferences, extends certification in analytics (CAP), offers continuing education courses, and provides its members with a large choice of special interest groups and local chapters. Further information about INFORMS can be found online at http://www.informs.org or @informs.


ELSE PRESS RELEASES FROM THIS DATE:

The people's agenda -- America's priorities and outlook for 2014

2014-01-02
The people's agenda -- America's priorities and outlook for 2014 Associated Press-NORC Center for Public Affairs Research survey reveals the American people's list of key issues that need government attention in the year ahead Chicago, January 2, 2014—The ...

More evidence suggests type 2 diabetes is an inflammatory disease

2014-01-02
More evidence suggests type 2 diabetes is an inflammatory disease New research published in the Journal of Leukocyte Biology suggests that macrophages invade the diabetic pancreas, producing large amounts of cytokines that contribute ...

Turning off the 'aging genes'

2014-01-02
Turning off the 'aging genes' Computer algorithm developed by Tel Aviv University identifies genes that could be transformed to stop the aging process Restricting calorie consumption is one of the few proven ways to combat aging. Though the underlying ...

Residual activity 'hot spots' in the brain key for vision recovery in stroke patients

2014-01-02
Residual activity 'hot spots' in the brain key for vision recovery in stroke patients According to study published in Restorative Neurology and Neuroscience Amsterdam, NL, January 2, 2014 – Scientists know that vision restoration training (VRT) can help patients who have lost ...

Think you're an expert bettor? You're probably wrong

2014-01-02
Think you're an expert bettor? You're probably wrong Even rational gamblers can be deluded about how good they are at their game If there's one thing you can bet on in horseracing, it's this: so-called successful bettors will always think that their little black books ...

Scientists uncover image of muscular dystrophy defect & design targeted drug candidates

2014-01-02
Scientists uncover image of muscular dystrophy defect & design targeted drug candidates JUPITER, FL, January 2, 2013 – Scientists from the Florida campus of The Scripps Research Institute have revealed an atomic-level view of a genetic defect that causes a ...

Atlas Mountains in Morocco are buoyed up by superhot rock, study finds

2014-01-02
Atlas Mountains in Morocco are buoyed up by superhot rock, study finds The Atlas Mountains defy the standard model for mountain structure in which high topography must have deep roots for support, according to a new study from Earth scientists at USC. In ...

Trapping insects by color: Will it work in Montana?

2014-01-02
Trapping insects by color: Will it work in Montana? BOZEMAN, Mont. – Red and green traps attract more sweetpotato weevils than other colors, and a Montana State University researcher who made that discovery wants to know if Montana insects react the same way. Gadi ...

New cell mechanism discovery key to stopping breast cancer metastasis

2014-01-02
New cell mechanism discovery key to stopping breast cancer metastasis SALT LAKE CITY—Researchers from Huntsman Cancer Institute (HCI) at the University of Utah discovered a cellular mechanism that drives the spread of breast cancer to other parts of the body (metastasis), ...

Chinese herbal compound relieves inflammatory and neuropathic pain

2014-01-02
Chinese herbal compound relieves inflammatory and neuropathic pain UCI study also shows novel analgesic to be nonaddictive Irvine, Calif., Jan. 2, 2014 — A compound derived from a traditional Chinese herbal medicine has been found effective at alleviating pain, ...

LAST 30 PRESS RELEASES:

Thirty-year mystery of dissonance in the “ringing” of black holes explained

Less intensive works best for agricultural soil

Arctic rivers project receives “national champion” designation from frontiers foundation

Computational biology paves the way for new ALS tests

Study offers new hope for babies born with opioid withdrawal syndrome

UT, Volkswagen Group of America celebrate research partnership

New Medicare program could dramatically improve affordability for cancer drugs – if patients enroll

Are ‘zombie’ skin cells harmful or helpful? The answer may be in their shapes

University of Cincinnati Cancer Center presents research at AACR 2025

Head and neck, breast, lung and survivorship studies headline Dana-Farber research at AACR Annual Meeting 2025

AACR: Researchers share promising results from MD Anderson clinical trials

New research explains why our waistlines expand in middle age

Advancements in muon detection: Taishan Antineutrino Observatory's innovative top veto tracker

Chips off the old block

Microvascular decompression combined with nerve combing for atypical trigeminal neuralgia

Cutting the complexity from digital carpentry

Lung immune cell type “quietly” controls inflammation in COVID-19

Fiscal impact of expanded Medicare coverage for GLP-1 receptor agonists to treat obesity

State and sociodemographic trends in US cigarette smoking with future projections

Young adults drive historic decline in smoking

NFCR congratulates Dr. Robert C. Bast, Jr. on receiving the AACR-Daniel D. Von Hoff Award for Outstanding Contributions to Education and Training in Cancer Research

Chimpanzee stem cells offer new insights into early embryonic development

This injected protein-like polymer helps tissues heal after a heart attack

FlexTech inaugural issue launches, pioneering interdisciplinary innovation in flexible technology

In Down syndrome mice, 40Hz light and sound improve cognition, neurogenesis, connectivity

Methyl eugenol: potential to inhibit oxidative stress, address related diseases, and its toxicological effects

A vascularized multilayer chip reveals shear stress-induced angiogenesis in diverse fluid conditions

AI helps unravel a cause of Alzheimer's disease and identify a therapeutic candidate

Coalition of Autism Scientists critiques US Department of Health and Human Services Autism Research Initiative

Structure dictates effectiveness, safety in nanomedicine

[Press-News.org] Study: Open collaboration, which led to Bitcoin, TedX & Wikipedia, likely to grow
New research in INFORMS Journal shows that open collaboration brings innovation