To Encourage Innovation, Make It a Competition
The competition format has fueled major successes in business. Fortune 500 companies like AT&T and American Express often sponsor online creativity contests to inspire innovation among their customers, while Kickstarter and other crowdfund platforms have ideas compete to win funding. And organizations can also use competitions to drive innovation...
Attention experts in textiles, fabrics and fibers, the LAUNCH Nordic challenge is seeking your disruptive innovation. NASA, USAID, Nike and The U.S. Department of State have united to harness their collective genius to create a better world through LAUNCH.
Open Beta Program Makes Publicly Available the Same Customizable, Self-Service, Cloud-Based System Used in Contests hosted by AT&T, Autodesk, MTV, Nike, NASA, The National Science Foundation, and General Electric
Recently, the Stanford Social Innovation Review posted a blog article written by Kevin Starr. The piece, "Dump the Prizes," infers "contests, challenges, awards—they do more harm than good. Let’s get rid of them."