Abstract
Hackathons are time-bounded crowdsourcing events, which have recently prospered in many technology and science domains across the globe. We study Europe’s largest hackathon, Junction, to better understand the distinct crowdsourcing properties and mechanisms of this type of hackathon as a form of tournament-based crowdsourcing. Moreover, we determined how they add value to attending companies and participants. In this regard, six qualitative and quantitative datasets from participants, companies, and the organizer were collected and analyzed. Our findings revealed five distinct crowdsourcing properties and mechanisms of mega hackathons, including intricate crowd selection, strong crowd vibe, instant crowd feedback, versatile crowd potential, and pervasive information technology. Based on our findings, we argue that these properties and mechanisms increase the possibility of finding innovative solutions to companies’ problems in Junction-like mega hackathons. This article concludes with managerial implications for companies to consciously plan and prepare while knowing what to expect during the hackathon.
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