Innovation Inducement Prizes at the National Science Foundation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Innovation Inducement Prizes at the National Science Foundation write by National Research Council. This book was released on 2007-04-21. Innovation Inducement Prizes at the National Science Foundation available in PDF, EPUB and Kindle. Following a congressional directive in its FY 2006 Appropriations Act, the National Science Foundation asked the STEP Board to "propose a plan for administering prizes to individuals or teams that achieve novel solutions to specified social or research needs or capitalize on recognized research opportunities." A committee under the STEP Board concluded that an ambitious program of innovation inducement prize contests would be a sound investment in strengthening the infrastructure for U.S. innovation and that NSF, although inexperienced, is well suited to designing an experimental program that could add substantially to understanding regarding the appropriate goals of such contests, the motivations of participants and sponsors, and the rules and conditions that contribute to successful contests. The committee recommends that NSF start off with a series of small-scale prizes ($200K - $2M) in diverse areas while beginning to plan for much more ambitious contests ($3M-$30M) that would address significant economic or social challenges and be conducted over several years. The report addresses many of the generic issues that arise in administering innovation prize contests (types of contests, eligibility to participate, disposition of intellectual property rights, and decisions regarding awards) and explores 7 research and technology fields that might lend themselves to prize contests.
Federally Funded Innovation Inducement Prizes
Federally Funded Innovation Inducement Prizes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Federally Funded Innovation Inducement Prizes write by Deborah D. Stine. This book was released on 2009-12. Federally Funded Innovation Inducement Prizes available in PDF, EPUB and Kindle. Contents: (1) What are the Different Kinds of Prizes?; (2) What is the Status of Federally-Funded Innovation Inducement Prizes?: DoD Wearable Power Prize; DARPA Grand Challenges; DoE Grand Challenges; Progressive Auto. X PRIZE; Amer. Le Mans Series Green Challenge Race; NASA Centennial Challenges: Astronaut Glove Challenge; General Aviation Technology; Lunar Regolith Excavation Challenge; Northrop Grumman Lunar Lander Challenge; Power Beaming and Tether; Lunar Oxygen Production or MoonROx; NASA Assessment of Program; Future Competitions; Biomed. Advanced R&D Authority Project BioShield; (3) What Policy Options Might Members of Congress Consider?: Create New Prizes; Modify Current Prize Programs.
Innovation Inducement Prizes
Innovation Inducement Prizes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Innovation Inducement Prizes write by . This book was released on 2007. Innovation Inducement Prizes available in PDF, EPUB and Kindle.
Federally Funded Innovation Inducement Prizes
Federally Funded Innovation Inducement Prizes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Federally Funded Innovation Inducement Prizes write by . This book was released on 2009. Federally Funded Innovation Inducement Prizes available in PDF, EPUB and Kindle.
The Effect of Inducement Prizes on Innovation
The Effect of Inducement Prizes on Innovation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of Inducement Prizes on Innovation write by Luciano Kay. This book was released on 2014. The Effect of Inducement Prizes on Innovation available in PDF, EPUB and Kindle. Inducement prizes are increasingly popular because of their potential to induce technological innovations and attain related goals. Academic research, however, has barely investigated these prizes. This paper investigates the motivation of prize entrants, the characteristics of their research and development (R&D) activities, and the overall effect of prizes on innovation using case study research and documentary data sources. The Ansari X Prize and the Northrop Grumman Lunar Lander Challenge, both considered successful technology competitions in the aerospace sector, are investigated. The findings show that, first, incentives created by competitions, particularly those that are nonmonetary, attract unconventional entrants. The market value of the prize technologies motivate entrants as well but do not attract traditional industry players. Second, limited technology development lead times and no up-front funding characterize prize R&D activities, yet their differences with traditional industry practices are caused by participant-level factors. Most importantly, the introduction of novel R&D approaches is associated with the participation of unconventional entrants. Third, these prizes induced innovations over and above what would have occurred anyway, with the caveat that they were linked to significant technology incentives and fundamentally, ongoing R&D processes. These findings put forward lessons that inform the design of more effective prize competitions.
