Strategic crowdsourcing as an emerging form of global entrepreneurship

Entrepreneurs are looking for effective ways to internationalize their business ideas. Online crowdsourcing platforms enable them to access vast resources held by geographically scattered individuals with different backgrounds who are outside an organization’s boundaries. Entrepreneurs leverage knowledge and services from a crowd (an undefined group of web users) through an open online call for solution. Presented analysis will help to understand better the relationship between crowdsourcing business model and global entrepreneurship. Crowdsourcing process goes beyond achieving an efficiency-driven economy stage. The new venture reflects better competitiveness and economic-development performance.