A Theory of Digital Firm-Designed Markets: Defying Knowledge Constraints with Crowds and Marketplaces
Abstract
In this paper, we investigate the ways in which new forms of organization enabled by digital technologies, such as crowdsourcing and digital marketplaces, are allowing firms to circumvent and defy traditional knowledge constraints. This is part of the broader question of when and why these forms of organization are more efficient relative to alternatives, given that some firms simultaneously utilize crowdsourcing, marketplaces, and traditional...
Paper Details
Title
A Theory of Digital Firm-Designed Markets: Defying Knowledge Constraints with Crowds and Marketplaces
Published Date
Dec 1, 2019
Journal
Volume
4
Issue
4
Pages
323 - 342
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