Focused on working across industries, companies, departments, etc. – opposite of siloing. Crowdsourcing can fall under this goal as well, sourcing ideas from across industries, across companies, from the public, etc.
Crowdsourcing vs. Traditional Granting: Which Method Most Benefits Social Entrepreneurs
Open innovation can be organized into a more inclusive granting mechanism. In the past, nonprofits and other organizations would fund social enterprises by asking for a written proposal—but combining mentorship and crowdsourcing creates new opportunities and community solutions. Find out how it worked for Pact and the US Department of State in this case study.
