Prize Competitions Help Agencies Innovate
The Meritalk website reported that the White House Office of Science and Technology Policy (OSTP) has released a report that shows that public sector prize competitions for innovative technology in the 2015 fiscal year have increased in capability and impact. “Over the past 7 years, the Obama Administration has worked to expand the use of prizes and challenges as a part of an agency’s innovation toolkit,” Christofer Nelson, assistant director for Open Innovation at the OSTP, wrote.
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