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Reto Hofstetter
Title
Prof. Dr.
Last Name
Hofstetter
First name
Reto
Email
reto.hofstetter@unisg.ch
Google Scholar
Now showing
1 - 10 of 47
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PublicationSmart Product Breakthroughs Depend on Customer Control(MIT, )Puntoni, StefanoType: journal articleJournal: MIT Sloan Management Review
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PublicationWho Would Subscribe for a Car? The Influence of Car Ownership, Environmental Consciousness, Age, and Place of Living( 2023-06)
;Felix Schakols ;David FinkenThis paper investigates the perceived trustworthiness and convenience of car subscriptions in Switzerland. Evidence has been found that age, car ownership and environmental consciousness of the respondents have a statistically significant impact on trust and perceived convenience while the place of living shows no effect.Type: journal article -
PublicationBridging the Generational Divide(Harvard Business Review, 2022-01)
;Schindler, L. ;Deubelbeiss, O. ;Lanz, Andreas ;Faltl, MartinMarketers are often older than the audiences they are trying to reach, making it a challenge to connect. A new study examines the marketing generation gap and suggests some ways to narrow it.Type: journal articleJournal: Harvard Business Review -
PublicationCrypto-Marketing: How Non-Fungible Tokens (NFTs) Challenge Traditional Marketing(Springer, 2022)
;Brandes, Leif ;Lamberton, Cait ;Reibstein, David ;Rohlfsen, Felicia ;Schmitt, BerndZhang, John Z.Type: journal articleJournal: Marketing Letters -
PublicationHuman Machine Creativity. How AI Can Influence Human Creativity in Open Innovation( 2022-06)
;Melanie CleggMarc BravinType: journal articleJournal: Marketing Review St.GallenVolume: 2022Issue: 6 -
PublicationContraining Ideas: How seeing ideas of others harm creativity in open innovation(American Marketing Association, 2021)
;Dahl, Darren W.Type: journal articleJournal: Journal of Marketing ReserachVolume: Vol 58Scopus© Citations 19 -
PublicationThe Problem with Innovation Contests(Harvard Business Review, 2021-07)
;Dahl, Darren W.Type: journal articleJournal: Harvard Business ReviewVolume: July/August -
PublicationType: journal articleVolume: 20Issue: 3
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PublicationRethinking Crowdsourcing(Harvard Business School Publ., 2017-11-21)
;Suleiman, AryobseiWhen the Swiss soft drink company Rivella was looking to launch new flavors in 2012, it used an open innovation platform to ask consumers for ideas and received 800 responses. As managers sorted through them, they noticed that one in particular—for a health-oriented ginger-flavored drink—appeared to be extremely popular. But on closer examination they saw that much of the buzz around it was coming from just a handful of participants who were working feverishly to elicit votes and comments. “It was a very small group of consumers who were rallying one another and generating a lot of noise,” says Silvan Brauen, who oversaw Rivella’s innovation pipeline. Despite the strong online feedback, the company concluded that the ginger flavor would flop in the market and abandoned the idea.Type: journal articleJournal: Harvard business review : HBRIssue: November-December -
PublicationThe Hidden Pitfall of Innovation PrizesAlthough companies use crowdsourcing more and more to fill their innovation pipeline, it is not so easy to get people to submit their ideas to online innovation platforms. Our data from an online panel reveal that 65% of the contributors do not come back more than twice, and that most of the rest quit after a few tries. This kind of user churn is endemic to online social platforms — on Twitter, for example, a majority of users become inactive over time — and crowdsourcing is no exception. In a way, this turnover is even worse than ordinary customer churn: When a customer defects, a firm knows the value of what it’s lost, but there is no telling how valuable the ideas not submitted might have been. Despite this limitation, companies still get a lot out of crowdsourced ideas. Encouraged by early successes, many now routinely use crowdsourcing contests to find fresh solutions to various problems, increasing the demand for innovators willing to share their ideas. PepsiCo, for instance, has already used contests nine times to crowdsource creative Super Bowl commercials for its Frito-Lay’s Doritos brand, offering prizes of up to $1 million for the winning submission. Other companies, including GE, DELL, and Starbucks maintain their own platforms on which they continuously source ideas from customers.Type: journal articleJournal: Harvard business review : HBR