Technological Innovation And Prize Incentives


Technological Innovation And Prize Incentives
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Technological Innovation And Prize Incentives


Technological Innovation And Prize Incentives
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Author : Luciano Kay
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012-01-01

Technological Innovation And Prize Incentives written by Luciano Kay and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Technology & Engineering categories.


ÔThe recent renaissance in the use of prizes to spur innovation and extraordinary novel performance warrants close attention. Luciano Kay does so through a series of compelling case studies which shows the potential of prizes, the range of factors that influence their performance and the importance of understanding their non-pecuniary dimensions, even when there is a substantial purse. This is an important contribution to the innovation literature.Õ Ð David J. Teece, University of California, Berkeley, US ÔIn the last decade innovation prizes have caught the imagination of policy makers and rich donors alike; those who actually care about the process and outcome of prizes and not only the hype, would do well to read LucianoÕs new book.Õ Ð Dan (Danny) Breznitz, Georgia Institute of Technology, US Inducement prizes Ð in which cash rewards are offered to motivate the attainment of specific targets Ð have long been used to stimulate scientific discovery and technology research and development. This volume presents an empirical investigation of the effect of these prizes on innovation. In this in-depth study, Luciano Kay focuses on three recent cases of prize competitions in the aerospace industry: the Google Lunar X Prize, the Ansari X Prize and the Northrop Grumman Lunar Lander Challenge. Using a combination of real-time and historical analysis based on personal interviews, workplace visits and questionnaire and document data analysis, the author examines the particular dynamics of the prize phenomenon and offers a comprehensive discussion of the potential of prizes to induce innovation. This fascinating volume also sets out a systematic method to studying prize incentives, offering a concrete innovation model and case study design approach that will prove highly useful to further research efforts in the field. Scholars, policymakers and corporate officials interested in incentives for innovation and the practical implementation of prize competitions will find this an invaluable resource. Potential prize sponsors and entrepreneurs, professionals and other individuals or organizations interested in participating in such competitions will also find much of interest in this groundbreaking book.



Innovation Inducement Prizes At The National Science Foundation


Innovation Inducement Prizes At The National Science Foundation
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 2007-04-21

Innovation Inducement Prizes At The National Science Foundation written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-21 with Science categories.


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.



Inventing Ideas


Inventing Ideas
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Author : B. Zorina Khan
language : en
Publisher: Oxford University Press
Release Date : 2020-05-22

Inventing Ideas written by B. Zorina Khan and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-22 with Business & Economics categories.


What determines why some countries succeed and others fall behind? Economists have long debated the sources of economic growth, resulting in conflicting and often inaccurate claims about the role of the state, knowledge, patented ideas, monopolies, grand innovation prizes, and the nature of disruptive technologies. B. Zorina Khan's Inventing Ideas overturns conventional thinking and meticulously demonstrates how and why the mechanism design of institutions propels advances in the knowledge economy and ultimately shapes the fate of nations. Drawing on the experiences of over 100,000 inventors and innovations from Britain, France, and the United States during the first and second industrial revolutions (1750-1930), Khan's comprehensive empirical analysis provides a definitive micro-foundation for endogenous macroeconomic growth models. This groundbreaking study uses comparative analysis across time and place to show how different institutions affect technological innovation and growth. Khan demonstrates how top-down innovation systems, in which elites, state administrators, or panels make key economic decisions about prizes, rewards and the allocation of resources, prove to be ineffective and unproductive. By contrast, open-access markets in patented ideas increase the scale and scope of creativity, foster diversity and inclusiveness, generate greater knowledge spillovers, and enhance social welfare in the wider population. When institutions are associated with rewards that are misaligned with economic value and productivity, the negative consequences can accumulate and reduce comparative advantage at the level of individuals and nations alike. So who will arise as the global leader of the twenty-first century? The answer depends on the extent to which we learn and implement the lessons from the history of innovation and enterprise.



Federally Funded Innovation Inducement Prizes


Federally Funded Innovation Inducement Prizes
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Author : Deborah D. Stine
language : en
Publisher: DIANE Publishing
Release Date : 2009-12

Federally Funded Innovation Inducement Prizes written by Deborah D. Stine and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12 with Science categories.


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.



Technological Innovation


Technological Innovation
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Author : Donald E. Cunningham
language : en
Publisher:
Release Date : 1977

Technological Innovation written by Donald E. Cunningham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Business & Economics categories.




Innovation In Real Places


Innovation In Real Places
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Author : Dan Breznitz
language : en
Publisher: Oxford University Press
Release Date : 2021-03-09

Innovation In Real Places written by Dan Breznitz and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-09 with Business & Economics categories.


Winner of Balsillie Prize for Public Policy Winner of Donner Prize A challenge to prevailing ideas about innovation and a guide to identifying the best growth strategy for your community. Across the world, cities and regions have wasted trillions of dollars on blindly copying the Silicon Valley model of growth creation. Since the early years of the information age, we've been told that economic growth derives from harnessing technological innovation. To do this, places must create good education systems, partner with local research universities, and attract innovative hi-tech firms. We have lived with this system for decades, and the result is clear: a small number of regions and cities at the top of the high-tech industry but many more fighting a losing battle to retain economic dynamism. But are there other models that don't rely on a flourishing high-tech industry? In Innovation in Real Places, Dan Breznitz argues that there are. The purveyors of the dominant ideas on innovation have a feeble understanding of the big picture on global production and innovation. They conflate innovation with invention and suffer from techno-fetishism. In their devotion to start-ups, they refuse to admit that the real obstacle to growth for most cities is the overwhelming power of the real hubs, which siphon up vast amounts of talent and money. Communities waste time, money, and energy pursuing this road to nowhere. Breznitz proposes that communities instead focus on where they fit in the four stages in the global production process. Some are at the highest end, and that is where the Clevelands, Sheffields, and Baltimores are being pushed toward. But that is bad advice. Success lies in understanding the changed structure of the global system of production and then using those insights to enable communities to recognize their own advantages, which in turn allows to them to foster surprising forms of specialized innovation. As he stresses, all localities have certain advantages relative to at least one stage of the global production process, and the trick is in recognizing it. Leaders might think the answer lies in high-tech or high-end manufacturing, but more often than not, they're wrong. Innovation in Real Places is an essential corrective to a mythology of innovation and growth that too many places have bought into in recent years. Best of all, it has the potential to prod local leaders into pursuing realistic and regionally appropriate models for growth and innovation.



Accelerating Innovation With Prize Rewards History And Typology Of Technology Prizes And A New Contest Design For Innovation In African Agriculture


Accelerating Innovation With Prize Rewards History And Typology Of Technology Prizes And A New Contest Design For Innovation In African Agriculture
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Author : William A. Masters and Benoit Delbecq
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2008

Accelerating Innovation With Prize Rewards History And Typology Of Technology Prizes And A New Contest Design For Innovation In African Agriculture written by William A. Masters and Benoit Delbecq and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Social Science categories.




Innovation And Incentives


Innovation And Incentives
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Author : Suzanne Scotchmer
language : en
Publisher: MIT Press
Release Date : 2004

Innovation And Incentives written by Suzanne Scotchmer and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.


The economics of intellectual property and R&D incentives explained in a balanced, accessible mixture of institutional details and theory.



Technological Innovation


Technological Innovation
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Author : United States. Department of Commerce
language : en
Publisher:
Release Date : 1967

Technological Innovation written by United States. Department of Commerce and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Industrial management categories.




Public Incentives In Support Of R D And Innovation In The Federal State Of Espirito Santo Brazil


Public Incentives In Support Of R D And Innovation In The Federal State Of Espirito Santo Brazil
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Author : Daniel Streit
language : en
Publisher: diplom.de
Release Date : 2004-02-24

Public Incentives In Support Of R D And Innovation In The Federal State Of Espirito Santo Brazil written by Daniel Streit and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-24 with Business & Economics categories.


Inhaltsangabe:Problemstellung: Die in englischer Sprache verfasste Arbeit gliedert sich in zwei große Abschnitte einen Theoretischen und einen Praktischen. Im theoretischen Teil werden zunächst die Begriffe Forschung & Entwicklung und Innovation definiert sowie die Eigenschaften eines Nationale Innovationssystems beschrieben. Weiter wird die Frage diskutiert, ob Innovationen beziehungsweise F&E staatliche Unterstützung brauchen, oder ob es angebrachter ist, vorhandene Marktmechanismen die Menge an F&E bestimmen zu lassen. Ein sehr großes Kapitel der Arbeit ist infolge der Beschreibung der einzelnen Instrumente der Innovationspolitik bzw. Innovationsökonomie gewidmet. Hierbei werden nicht nur die zwölf am häufigsten verwendeten staatlichen Maßnahmen zur Förderung von Innovationen und F&E auf ihre Stärken und Schwächen hin untersucht, sondern es wird auch erläutert welche Instrumente in welcher Art und Weise in der Lage sind, die Innovationstätigkeit in einem Land zu erhöhen. Der praktische Teil der Arbeit befasst sich zunächst mit der wirtschaftlichen Situation des Bundesstaates Espirito Santo und dessen Innovationssystem. Im Anschluss daran erfolgt eine Bestandsaufnahme der in Espirito Santo aktuell verwendeten innovationspolitischen Maßnahmen zur Förderung von Innovationen und F&E. Hierbei wurden Daten verwendet, die bei zahlreichen Interviews mit den zuständigen Stellen vor Ort gesammelt wurden. Darauf aufbauend (und mit Hilfe der Erkenntnisse aus dem theoretischen Teil der Arbeit) werden die innovationspolitischen Maßnahmen des Bundesstaates Espirito Santo evaluiert und vereinzelte Verbesserungsmöglichkeiten in der Innovationspolitik des Bundesstaates aufgezeigt. Ein zweiseitiges summary fasst die wichtigsten Ergebnisse am Ende der Arbeit noch einmal zusammen. Inhaltsverzeichnis:Table of Contents: LIST OF FIGURESIII LIST OF TABLESIV 1.INTRODUCTION1 2.EXPLANATION OF BASIC TERMS AND THEORIES2 2.1R&D AND INNOVATION2 2.2INNOVATION, TECHNOLOGY AND SCIENCE POLICY5 2.3NATIONAL INNOVATION SYSTEMS7 3.SHOULD THE GOVERNMENT SUPPORT R&D AND INNOVATIONS?8 3.1THE ARGUMENTS FOR PUBLIC SUPPORT8 3.1.1Externalities9 3.1.2Public goods10 3.1.3Market structure11 3.1.4Imperfect information11 3.2THE ARGUMENTS AGAINST PUBLIC SUPPORT13 4.THE INNOVATION POLICY TOOLS14 4.1FINANCIAL MEASURES17 4.1.1Public funding17 4.1.2Venture capital21 4.1.3Tax incentives23 4.2NON-FINANCIAL MEASURES25 4.2.1Public procurement25 4.2.2Human resource [...]