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. The book "Open Evaluation"
proposes a potential solution: integrating external stakeholders
into the assessment of product and service ideas by means of IT,
i.e. 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.
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