From Housing Marketplace To Lifestyle Platform. How Airbnb’s Democratized Innovation System Influences Its Product Strategy

Airbnb’s democratized innovation marketplace and external communities of hosts and guests has helped it to direct its product strategy over its 10-year history. In this piece, the author explores how the tech unicorn has utilized its distributed knowledge to develop a platform designed to withstand competitive pressures and sustainably grow its business.

WAKE COUNTY USING MACHINE LEARNING FOR PROPERTY APPRAISAL

Wake County in North Carolina has implemented machine learning to improve the property value assessment process, something extremely important for tax purposes. The new assessments will be effective in 2020 and will be the result of a new process that intends to get more objective, timely, accurate, thoughtful, and equitable property valuations that provide more confidence to both the County and the taxpayers.

Open Innovation Driving Growth at Alibaba

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As Alibaba Group grows domestically and internationally, the company needs to combine internal and external intelligence to enhance both industry knowledge and technological capabilities. How is the company leveraging open innovation? Would you be willing to become a part of it?