The paper shows how both intra-national and international strategies of open innovation and crowdsourcing could be used to reduce or even invert the brain drain of Caucasian societies, leading to more sustainable and, above all, local returns on investment in the region s excellent educational...

Caucasian societies suffer from a tremendous brain drain to so-called more advanced societies. Against this background, the paper discusses crowdsourcing, a recent trend in open innovation, as a means of reducing or even inverting the brain drain of Caucasian societies.

Despite a certified need for stronger ties between regional entrepreneurial ecosystems and larger networks, and despite an emerging discourse on beneficial interlinks between crowdsourcing and urban development, the relationship between crowdsourcing and regional development is underexplored....

The paper shows how both intra-national and international strategies of open innovation and crowdsourcing could be used to reduce or even invert the brain drain of Caucasian societies and, hence, could lead to more sustainable and, first of all, local returns on investments in the regions...