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The Conversation USA

Want to solve society's most urgent problems? Cash prizes can spur breakthroughs

  • Written by Luciano Kay, Research Associate at the Institute for Social, Behavioral and Economic Research, University of California, Santa Barbara
imageMany prizes that aim to spur innovation are winner-take-all.VCG for 2019 RoboMaster Robotics Competition Final Tournament via Getty Images

Innovation is a critical part of tackling problems in areas as diverse as transportation, housing, public health and energy. But the scientists, inventors and entrepreneurs who might generate creative solutions...

Read more: Want to solve society's most urgent problems? Cash prizes can spur breakthroughs

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