different between crowdsourcing vs crowdfunding

English

Etymology

Coined 2006 by Wired magazine writer Jeff Howe. From crowd +? sourcing, by analogy with outsourcing.

Noun

crowdsourcing (countable and uncountable, plural crowdsourcings)

1. (neologism) The delegation of a task to a large diffuse group in order to introduce new or more developed skill sets and improve efficiency. There is usually no substantial monetary compensation involved.
   • June 2006, Jeff Howe, Wired Magazine 14.06, "The Rise of Crowdsourcing" [1]:

     "P&G is one of InnoCentive’s earliest and best customers, but the company works with other crowdsourcing networks as well."

   • January 2007, Jessi Hempel, Business Week, "Tapping the Wisdom of the Crowd":

     "While not a new phenomenon, crowdsourcing is really growing as a business trend."

   • July 2007, Twisted, comp.lang.java.programmer:

     "Costs can be reduced by crowdsourcing more content."

Related terms

• crowdworker

Translations

Verb

crowdsourcing

1. present participle of crowdsource

English

Etymology

crowd +? funding

Noun

crowdfunding (uncountable)

1. (finance) Funding by many individuals pooling their money together for a common goal, usually via the Internet.

Descendants

• ? Danish: crowdfunding
• ? German: Crowdfunding
• ? Japanese: ??????????? (kuraudofandingu)
• ? Korean: ?????? (keuraudeupeonding)
• ? Russian: ????????????? (kraudfánding)

Translations

See also

• crowdsourcing
• sharing economy

Further reading

• crowdfunding on Wikipedia.Wikipedia

Danish

Etymology

Borrowed from English crowdfunding.

Noun

crowdfunding

1. crowdfunding

French

Etymology

Borrowed from English crowdfunding.

Pronunciation

• IPA^(key): /k?awd.f?n.di?/

Noun

crowdfunding m (uncountable)

1. crowdfunding

   (The addition of quotations indicative of this usage is being sought:)

Synonyms

• financement participatif, sociofinancement (Canada)

Spanish

Etymology

Borrowed from English crowdfunding.

Pronunciation

• IPA^(key): /k?aud?fandin/, [k?au?ð??fãn?.d??n]

Noun

crowdfunding m (plural crowdfundings)

1. crowdfunding

   Synonym: micromecenazgo