Join us and meet THE European Crowd Experts from academia, politics and practice - all united in diversity and knowledge.
Do not miss out, when the leading experts meet to unite knowledge and discuss effects of crowd-disruption.
The event is strictly limited to 300 delegates - you should join us and be one of them!
CrowdSourcing - CrowdFunding and CrowdInnovation is a integral part of the digital transformation for companies, cities and countries.
In partnership with the EU Commission, DIGILE and Estonia the city of Helsinki will be the first hosting city to gather the European crowd knowledge - united in diversity and driven by a common goal: to enable the crowd for a greater good. The stakeholders will join us to discuss diverse scenarios of crowd-disruption and gather from the fields of practitioners, academia and politics.
How will a heterogenous group of people combined with the digital transformation to a mostly mobile engagement environment change the way we think about work? Gaining towards an integrated crowdsourcing definition we will explore how to harness the power of crowdsourcing for most relevant practical implications.
What is the taxonomy for alternative financing models in Europe? Can they fulfill the promise of a quickly growing segment, and how can growth begin to attract institutional investors? CrowdFunding, at least in some European countries, is on the cusp of becoming mainstream. We will discover the possible risks and chances and reflect most aspects for a relevant regulatory framework for success.
How to foster innovation through the Crowd and engage united collaboration? With the leading experts we will explore how the practical implementations unleash dramatic new opportunities for industry innovation. In a jointed endeavor we are aiming to develop and discuss a possible european future roadmap for CrowdInnovation.
join us to discuss the impact of crowd-funding-sourcing and -innovation to business and society
15-minute inspiring talks, themed around compelling crowd-based topics to cover practical experience and applied science.
As a population boom causes a building boom, it’s harder for developers to find sustainable housing solutions. Helsinki is finding creative solutions through crowdsourcing. See why it's a project that cities around the world will want to watch closely.
The state of the European online alternative finance market is strong. Between 2012 and 2014 crowd-based lending in 27 European countries facilitated €4,655m worth of funding to European consumers, entrepreneurs, creative artists, SMEs, social enterprises, renewable energy projects, community organisations and good causes.
Across the EU-27, success in business is about a few things going right and other things not going wrong. It is certainly not a black art. Most business issues can be controlled to an extent albeit some will involve an element of luck and timing. However with better positioning, management and a resilient balance sheet luck becomes far less important and the Crowd can be an important player for transformation of Know How and Innovation.
At its core, crowdfunding is digitalisation of the funding process seen in the traditional corporate finance world. What changes when the process is moved from the big banking streets to the online environment?
Crowdfunding is evolving more quickly than any other area of corporate finance, and the regulators across Europe are struggling to keep up across the EU Member States. The goal is a uniform pan-European regulated market but we are still far away from being there - in demand for a detailed description of the regulatory regime in any jurisdiction.
Our society is facing great challenges which call for new ways of doing business. We are experiencing a shift from a period when all was about creating maximizing profit, the global marketplace and consumerism, to an new economy, ”the impact economy”, in which businesses take a more holistic approach in their business practice. Practices that are good for both people and planet at the same time as they are generating profits.
In this presentation we will see examples on the emerging impact economy and especially businesses which are using social technology, big data and crowd solutions to amplify their impact to their stakeholders.
This is a startup story.
Creating a startup means following a vision, sth. that drives you, that makes you want to change the World. Startup is about starting up and accelerating. Startup is about making mistakes, testing different business models, customer behaviour etc.
Creating a fin-tech startup you can not afford making mistakes, at least mistakes that can put your investors money under risk, you have to win the trust of users, to make them invest with you. Investing is never completely risk free but can be minimized by professional risk management.
Think global but act local they say. Real estate is local. To be able to evaluate risks you have to know the streets and corners.
But people like to think global. One would like to say- Hey I invested in 3 property projects in Spain, 2 in Greece, one in Estonia and considering to enter into Eastern Germany residential project. Sounds like a multi millionaire is speaking, uh? No, the guy has put down just 1700 Euros.
Its not an easy task but this is how I see cross-border p2p property finance in the future.
More than any other online market, crowdfunding can only develop all other the world and specifically in european countries if platforms and regulators can successfully create trust and security to attract projects owners and investors .
Confidence & security is key to the development of crowd payment not only for the platforms but also to increase the rate of successful project campaigns and the amount being raised per projects. All actors, (platforms, projects owners and investors) must offer as much trust and reassurance as possible by using specialized actors & labels and by offering transparency on all subjects.
Interest in crowdsourcing is on the rise in Denmark, and the Danish Crowdsourcing Association is currently engaged in a range of projects with companies wishing to make their first forays into crowdsourcing. One major project is VIA Connect; a first-of-its-kind crowdsourcing community bridging higher education, research and innovation.
This community connects private and public organizations – including leading global brands and local governments – with thousands of researchers, educators and students, who provide ideas and innovations tailored to their organizations. In this presentation, we will give an introduction to VIA Connect, and look at how organizations may amplify their innovation capacity by tapping into the skills and talents of academic knowledge sources.
Ignition or burn out? This is the question we would like to address with reference to the effects of regulations and legal frameworks passed by the EU member States with the aim to regulate equity and lending crowdfunding mainly to protect the investors’ interests.
Crowdfunding and Crowdinnovation are causing the dramatic raising of new financial markets and their regulations should support this raise rather than “kill the baby in its cradle”
The first part of this presentation will examine how crowdfunding can become an institutional mechanism for humanitarian crisis prevention and crisis management utilized by governments and the state at large for raising awareness and innovating on humanitarian operational financing, thus creating an institutionalized humanitarian crowdfunding ecosystem as well as an interactive and accountable digital governance framework.
The second part will examine how institutionalized crowdfunding can be used to attract impact investors for national projects and infrastructure-building, bridging the gap between the private and public sector and encouraging private-public partnerships for the creation of a transparent and innovative framework of cooperation in projects which are economically, socially and environmentally sustainable.
Crowd-based innovation have a long tradition. Centuries ago, Filippo Brunelleschi organized a tournament on structural planning to successfully overcome technical hurdles in building the dome of the Florence Cathedral.
The formula for success has not changed since then; however the Internet allows for a tremendously more efficient and effective use of crowd innovation due to the easy access to a global network of creative minds. Giordano Koch will present recent cross industry examples how companies may benefit from customized crowdsourcing initiatives in diverse areas such as technology, innovation, business development, design, HR, marketing, sales management, or in entirely new fields.
Crowdfunding is struggling to reach scale and professionalism. Business models remain in flux. Only a handful of platforms so far have reached operational scale, and those in general with the help of institutional investors (lending, equity) or significant reach of a global supporter base (US reward platforms).
Increasing interest from institutional investors and corporations seems to change the playing field of Crowdfunding, while its innovative promise has not yet reached its full potential. We are at a turning point that requires a transparent and proactive vision to be jointly embraced by the sector, if we are to see a truly professional sector arise and deliver impact.
With the crowdlending project for the fire department in Oestrich-Winkel (Germany), LeihDeinerStadtGeld.de started successfully the world’s first crowdfinance solution for governing authorities. By this offer, municipal entities discover a new way towards citizen involvement in the digital age. Johannes Laub, Managing Director of CrowdDesk GmbH, will give you an insight into the challenges of municipal crowdfinance.
The conception of much of the future technology that will become our world is predestined in the startup companies of today. The forces that affect these companies, and the prospectors who invest in them, not only drive but limit the innovations they create.
Imagine a time when all of the technology around you is created in short cycles of greed, driven by a venture-capital mindset of selling out after three years for ten times the investment. Creating longer-term strategies to make the world a better place for everyone only happens through collaboration and co-creation.
Fortunately, crowdfunding can provide a balance. Using the power of the crowd to look forward to a better future, test the market and ideas as you go along, and create a longer tail of technology investment can help to create a future not dominated by only a few large corporations and their growth strategies.
This discussion will focus on engaging the crowd to create a solid vision for the future by empowering people, creating a shared vision, and delivering social and economic benefits.
Crowdfunding is fastly emerging as an economy to be reckoned with. But the regulatory framework necessary to continue this growth is still lacking behind. Why is it so hard for Governments to create clear and understandable rules for crowdfunding? In a world ever more digitalized and where business can easily move from one country to the next, Governments need to adapt faster and be more flexible to changes if they want to keep the competitive advantage to their neighbours.
As a group of crowdsourcing thought leaders and practitioners how can we better lead our industry at home and abroad. What is our responsibility to shape it and what might be our predictions for the future.
Crowdfunding is a rapidly increasing market in Europe. In addition, due to the globalization patents became an extremely important asset for companies of any size.
CrowdPatent combines the crowdfunding and patent markets, and offers crowd-investors a completely new asset class – InventionShares. Crowdfunding is used to finance patent applications for inventions having high monetization potential. Resulting IP rights are tradable worldwide.
When our memes evolve in the intersection with internet technologies – and sharing [economy], experiences [economy], anything-as-a-service [economy] come into competition with the thought of “ownership”, the value of crowd and its’ behavior can be captured, analysed and cultivated directly to the flow of exchange. The behavior of crowds create value, which can be recognised and measured with other means (e.g. NPS) than currency. And when we learn more from crowd economy, the better we can evaluate its’ value with conventional means of exchange e.g. money.
Crowdsourcing-crowdfunding-crowdworking-crowdEVERYTHING will become business as usual, not only in internet economy but in the conventional economy as well. Let’s look at the Ferris Wheel of crowd value and see how neatly it resonates with the capabilities we link to a traditional economy.
This workshop is hosted by Osborne & Clarke
We are currently seeing a deceleration of renewable energy growth in Europe because of the decreased lending capacity of banks resulting from the global financial crisis as well as the budgetary restrictions of renewable energy support schemes making further market uptake of renewable energy a challenge. The reduced access to conventional financing options over the past few years has triggered innovative financing schemes to emerge, with crowdfunding attracting a lot of attention.
In this workshop, we will look at key opportunities and challenges for crowdfunding as an increasingly popular method for raising capital for renewable energy projects. Crowdfunding platforms and renewable energy project developers face different issues, but both operate in a context of rapidly changing regulatory environments and shifting perceptions among potential investors and the general public.
We will provide insights on the regulatory framework with a snapshot of the overall landscape in Europe, combined with an in-depth focus on recent developments such as the regulatory response in Germany to high profile insolvencies in the renewable energy sector and its implications for crowdfunding. We will add to this emerging insights from an ongoing Europe wide survey of stakeholder perceptions, which will shed light on key themes for both developers and platforms to focus on. Take part in the survey! www.crowdfundres.eu
This workshop is hosted by Hyve
Digital technologies rapidly change the way we live, act, and think. An increasing range of products and services—from wearables, cars, and toys to household appliances, medical devices—become smart and interactive. The digital revolution forces more and more companies to rethink the nature of their business model, and it continues to change the role and value of IT in innovation.
Digital-centric businesses need new solutions, business models, and management practices to accelerate innovation and ensure sustaining success. During the workshop we will collaboratively work on first ideas and concepts how digital innovation may affect your respective business.
In this workshop we will identify predictive crowding as a concept to support the assessment of disruptive ideas in SMEs based on a conceptual framework which can be used by practitioners as well as researchers. The discussion topics proposed aim to provide in-depth insights in crowd sourced innovation practice and investigate the potential of expert crowds. The workshop will provide new views on what aspects need to be considered and what decisions are to be made by managers and aims to encourage crowdsourcing in the context of disruptive ideas.
We will support the discussion with initial research results based on a mixed-methods approach that was deployed using a web- based questionnaire and expert interviews. The questionnaire collected quantitative as well as qualitative data from 36 industry experts sampled at a leading international crowd sourcing conference. Furthermore, seven semi-structured expert interviews were performed to get in-depth insight into processes and the reasons and motives behind the respective crowd sourcing project set-ups.
Main findings were that there is still ambiguity in terms of what makes the concept really effective. It was found, that the overall popularity of using an external crowd to assess ideas is relatively low compared to traditional idea assessment methods in the context of both, incremental and disruptive idea assessment. Nevertheless, the method shows one of the highest scores in terms of perceived effectivity, but is just not very frequently applied. However, what seems relatively clear is that especially in the context of disruptive ideas, purposefully selected expert crowds are considered to be more suitable, than undefined heterogeneous amateur crowds. Moreover, findings show that limitations of using the crowd to assess disruptive ideas are largely related to organizational culture. Especially when implementing disruptive ideas change management is a critical factor, as there is often resistance by employees and not many companies are willing to take this risk.
This workshop is hosted by the city of Helsinki
The workshop discusses and showcases how cities could and should open up their processes and take advantage of new tools enabling crowdsourcing and collective actions of citizens towards the issues that are being processed in the city’s decision making bodies. Case City of Helsinki will be presented to kick-off the workshop.
As Jeremy Rifkin (2014) said: “The biggest single impact of the zero marginal cost society is to labour”. We are seeing how crowds contribution is benefitting the society and creating value so much that the value is turned to money and money paid to the contributors themselves. With the help of internet, the contributions i.e. work is being orchestrated in a way that motivates people and helps to get the best out of them. Co-creation and learning flourish, and participation to value creation is made flexible and accessible to all. Welcome to New Work!
Audiodraft www.audiodraft.com – FI CEO, co-founder Teemu Yli-Hollo
Go work a bit – www.goworkabit.com – EE CEO, co-founder Kristjan Vanaselja
Microtask – www.microtask.com FI/US – CEO, founder Ville Miettinen
Scoopshot – www.scoopshot.com FI/UK/US – CEO, founder Petri Rahja
Solved www.solved.fi – FI – EVP – co-founder Santtu Hulkkonen
Moderator: Pia Erkinheimo, DIGILE, Head of Crowds&Communities This panel is hosted by Digile
This panel is hosted by Mangopay , CrowdDesk and Venturate
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