Using Technology, Innovation to Solve Climate Change

By • on February 6, 2019

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.

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