Selecting new product or service ideas that are worthwhile to be
exploited has always been a major challenge to firms of all kinds.
Recent developments, however, add a new facet to the evaluation
challenge. Initiatives such as innovation contests, in which interested
users may submit their ideas or solutions to firm relevant problems,
frequently lead to several tens of thousands of submissions.
Consequently, solutions are needed that help identifying the most
promising ideas. Jörg Haller proposes a potential solution: open
evaluation. Based on both qualitative and quantitative research, the
author examines design options, strategies, and the capacity of open
evaluation to efficiently and effectively support decision-making for
innovation.