TECH TRANSFER CONSULTANCY

“Crowdsourcing” is a trendy term these days, and like all trends, has its positive and negative aspects. Although trendy terms tend to take on several meanings, the ones I’m referring to are web-based systems where organizations with a technical need (seekers) can post their problem (challenge) and allow “the crowd” (solvers) to offer up their ideas for a solution…. [C]rowdsourcing may provide a low-cost means for your startup to get its technology (or need) “out there” in the hopes that someone looking for (or offering) a technical solution will find your posting and connect with you. However, crowdsourcing comes with a cost and can have significant limitations.