Need a Breakthrough? Offer Prize Money!

Need a Breakthrough? Offer Prize Money!

By • on December 29, 2016

The Wall Street Journal website noted that, stumped for solutions to hundreds of industrial and technical problems, businesses and governments alike are turning the search for innovative ideas into prize-worthy puzzles that capitalize on the ingenuity of the crowd. These incentive competitions are part of a trend toward open innovation that reflects

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6 Engineering Challenge Web Sites

6 Engineering Challenge Web Sites

By • on July 12, 2014

The Machine Design website noted that not all engineering challenges are created equal. Some ask for solutions through new designs, a redesign, chemicals or materials, smart electronics, or with the use of existing patents to create a technology spin-off. Most of the time there is a monetary reward

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GE Launches Open Innovation Quests

GE Launches Open Innovation Quests

By • on June 13, 2013

The GE website announced that the company was launching two additive manufacturing quests that invite entrepreneurs, companies and institutions to offer their solutions to two additive manufacturing challenges: 3D Printing Design Quest and 3D Printing Production Quest: High Precision and Advanced

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