Using Technology, Innovation to Solve Climate Change
The website The Hill noted that open innovation — prizes and challenges — is one method to build incentives to tackle the problem of climate change. Open innovation’s breakthrough effect can galvanize others to enter into a space or jumpstart the flow of private capital by serving as a pre-vetting mechanism for market-based solutions. Open innovation competitions provide entry opportunities for non-experts and experts alike to shape problem-solving for global environmental change.
Click here to read the full article.