Innovation Today

A New way to CrowdSource?

Posted by: Steve Wakefield on: May 3, 2011

If you are an Innovator you are probably aware that getting ideas is never an issue it’s the quality and the implementation which are.  I was recently looking through the App store and came across the iPhone App “Funded Apps” which allows you to submit your own app ideas, for £1.19 a pop, to the FundedApps creators who will analyse your idea before dumping it or creating it. If your idea is accepted they will pay £250 plus 25% of any net profit the app makes when it is published.

We have all used Innovation Tools before however is this the “lite” way forward for enterprises once they have a remuneration package in place (The £1.19 per suggestion may put people off but at least you attract serious ideas)

http://www.fundedapps.com/taf/

http://www.guardian.co.uk/money/2011/apr/15/fundedapps-consumer-app-of-week

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  • Steve Wakefield: I completly agree, Innovation is only bound by your imagination, however an ROI should always be sought. No ideas are bad ideas, they may just be imp
  • Bob: Steve, couple of thoughts 1. Serious innovations are few and far between. The iPad is just an improvement in a well defined area. Digital music inste
  • innovationtoday: I am still considering, i have the iPad 1 and although the camera and speed enhancements are interesting until there are more enterprise grade applica
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