Ever tried to sell your car through an online marketplace such as Autoscout24, Speurders or Marktplaats? Well I did, and it turned out to be quite a hassle. People tend to bid but show not a single sign of interest after they placed their bid, they do not react on emails, or try to push the price way further down while they eventually show up (someone wanted me, almost pressing, to agree on almost half of the price we first agreed on). Not speaking of all “really interested” buyers who are in the delusion of being expert race drivers during test drives.
In today’s democracy, politicians have a tough time reaching millennials. In the same way as religion, Western politics currently faces difficulties to create affiliation with the latest generations. Especially, the themes of politics and voting have lost interest of the younger generations over time:
In today’s business environment, information and innovation are key to success. Companies are constantly trying to improve their offerings and business model by increasing their knowledge about customers, competitors, products, services and new technologies. To achieve this open innovation practises are increasingly used, but a major part of the knowledge in companies is generated by individuals who do research to generate new ideas and capture opportunities. This required know-how can be sourced from within the company or from external sources. Nowadays, individuals performing R&D functions are encouraged to seek for knowledge outside the boundaries of the firm. This requires more openness to external sources. However, according Salter et al. (2015) an individual’s openness to external sources of knowledge is curvilinear related to the ability of that individual to develop new and useful ideas for the organization (e.g. ideation performance).