To read this content please select one of the options below:

The Crowdsourcing Concept as a New Media Application

Contemporary Issues in Business Economics and Finance

ISBN: 978-1-83909-605-1, eISBN: 978-1-83909-604-4

Publication date: 2 September 2020

Abstract

Introduction – In the twenty-first century, which is the age of communication and information, the time and space concepts have changed with new media technologies and changes have occurred in habits and ways of doing business using the Internet. In this respect, crowdsourcing concept comes first among the new applications with which internet users can share content. The crowdsourcing, which may be understood as ‘mass-based work’ or ‘crowded resource’, consists of a combination of ‘crowd’ and ‘source’, and refers to the use of a great number of human societies to do a common work. The crowdsourcing concept, used commonly as of the 2000s for different purposes, is included in the literature as a concept showing the power of crowds. It is a method in which communication and internet technologies are used with efficacy in the advertising and marketing fields.

Purpose – The objective of the present study is to determine the pros and cons of the crowdsourcing concept through new media applications in the form of critical evaluations by examining sample case studies that use the crowdsourcing concept, which is becoming widespread in Turkey and in the whole world in recent years.

Methodology – In this study, the ‘Case (Sample Event) Study Analysis’, which is one of the qualitative research methods and which is a methodological approach that includes examining how the crowdsourcing system works in-depth, will be used.

Findings – Crowdsourcing is becoming a worldwide business model and allows anyone with free time and an internet connection to contribute to economic productivity. This study has discussed the importance of crowdsourcing for companies in contextual terms and has made predictions on how to make this concept become a better model in which fields.

Keywords

Citation

Durmuş, S.B. (2020), "The Crowdsourcing Concept as a New Media Application", Grima, S., Özen, E. and Boz, H. (Ed.) Contemporary Issues in Business Economics and Finance (Contemporary Studies in Economic and Financial Analysis, Vol. 104), Emerald Publishing Limited, Leeds, pp. 123-134. https://doi.org/10.1108/S1569-375920200000104008

Publisher

:

Emerald Publishing Limited

Copyright © 2020 Emerald Publishing Limited