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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Open Innovation in Australia

Open Innovation in Australia

By • on August 8, 2012

The Australian government’s website on innovation, innovation.govspace.gov.au, posted a presentation by Dr Sarah Pearson on Open Innovation in which she argues that 21st Century innovation is all about partnerships. The pace of change, particularly technological change, is too fast for one organization

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