Open Innovation in Human Resources and the Use of Crowdsourcing

Abstract

While innovation is getting more and more importance and is accepted as a crucial social and economic phenomenon, companies try new ways to make it better. It is a must for managers and already in to do lists but traditional innovation is petered out at the same time. Moreover, the cost of traditional innovation is a burden for companies. Thus, getting innovation from inside people is out fashion now, companies try to get new ideas from outer sources. That’s how open innovation has emerged and crowdsourcing is one of open innovation tools that helps companies to get new ideas and approaches with low costs or no fee. This article aims to explain how open innovation has emerged and how companies use crowdsourcing as an open innovation tool specifically in HR.