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Innovation Inducement Prizes at the National Science Foundation

机译：国家科学基金会的创新诱导奖

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As one of their measures to promote innovation, governments and private parties have periodically awarded prizes not only for recognizing original technical achievements but also for solutions to predefined scientific or technological problems or demonstrations of the feasibility of specified unprecedented accomplishments. The latter, known as inducement prizes, have played a role in advancing commercial aviation and maritime navigation, solving mathematical problems, and in a few other arenas. Inducement prize contests are clearly not well suited to all research and innovation objectives. But through the staging of competitions they are thought to have in many circumstances the virtue of focusing multiple group and individual efforts and resources on a scientifically or socially worthwhile goal without specifying how the goal is to be accomplished and by paying a fixed purse only to the contestant with the best or first solution. Inducement prize contests with low administrative barriers to entry can attract a diverse range of talent and stimulate interest in the enterprise well beyond the participant pool. The limited historical experience and theoretical literature suggest that the success of prizes in these respects depends on the choice of targets and design features as well as the administrative competence of the sponsor.

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