Technologyquarterly December 1St 2012
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
General Innovation Competitions
GENERAL INNOVATION COMPETITIONS Jason Reinecke* CITE AS: 21 STAN. TECH. L. REV. 128 (2018). ABSTRACT The extensive patents-versus-prizes literature has thus far focused on specific competitions—competitions that reward inventions based on how well they solve a narrow, predetermined problem. However, prize competitions do not have to specify the problem to be solved in such great detail. Indeed, the degree by which prize competitions specify the problem to be solved falls along a spec- trum, with completely general competitions that permit submission of any in- novation under the sun falling on one end of the spectrum, and highly specific competitions that lay out the problem to be solved in painstaking detail falling on the other end. This Article makes three primary contributions to the inno- vation literature. First, this Article analyzes and discusses prize competitions of various degrees of generality, and in particular tackles theoretical consider- ations related to where prize competitions fall along this spectrum of general- ity. Second, this Article highlights key factors to consider when designing these unexplored general innovation competitions. Third, this Article provides sur- vey data collected from participants of more general innovation competitions regarding their subjective evaluations of whether and how general innovation competitions affected their innovative activity. *Stanford Law School, J.D. expected 2018. I am especially grateful to Professor Lisa L. Ouellette for all of her mentorship, support, and helpful comments. Thanks to Professor Michael Abramowicz, Professor Barbara Fried, Professor Bernadette Meyler, Brendyn Reinecke, and the Stanford Law students in the Spring 2017 Legal Studies Workshop for their helpful comments. -
Introduction to the X PRIZE Foundation “Nothing...Nothing Is Impossible...” the BEST WAY to PREDICT the FUTURE
Introduction to the X PRIZE Foundation “Nothing...nothing is impossible...” THE BEST WAY TO PREDICT THE FUTURE... IS TO CREATE IT YOURSELF YOU GET WHAT YOU INCENTIVIZE Why did he do it? 4 X PRIZE Model Attributes of an X PRIZE • Target market failure • Clear, objective & simple rules • Bold, audacious goal • Hard but attainable • Define a problem, not a solution • Open to teams worldwide • Telegenic • Can be won in 3 - 8 years • Assure a “back-end business” <$1 billion private space industry Highly leveraged Efficient Sparks industry $100 million spent in $10 million pursuit $2.5 million prize seed money Prize Design: Anchored in Open Collaboration Board of Trustees General Allows many external constituencies to Web contribute to the process. Public Not a grant or RFPs for prizes; designed Advisory in an organic way. Staff Boards Input from innovators, industry leaders, academia, the X PRIZE Labs and the general public routinely sought. X PRIZE Thought Labs Leaders Donors Welcome to a New Era of Philanthropy Our Mission: Radical Breakthroughs for the Benefit of Humanity Founded in 1995, the X PRIZE Foundation, a 501(c)(3) nonprofit, is the leading organization solving the world’s Grand Challenges by creating and managing large- scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity. The X PRIZE Foundation conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences. -
Grand Challenges Specific Goal
CAREERS TAKE THE LEAP Collaborations lead to Pfizer BLOG Personal stories and careers counsel NATUREJOBS For the latest career post for long-time NIH researcher p.131 http://blogs.nature.com/naturejobs listings and advice www.naturejobs.com used to find layers of coal or minerals below ground. She and a wetland ecologist from Duke put together an international team that includes geophysicists, foresters and environ- mental consultants. The team is now one of AP/REX/SHUTTERSTOCK five finalists for the prize, whose winner will be announced in February 2018. “It’s been an exciting adventure,” says Silvestri, who leads the DAG4Peat team. “This prize gave me the opportunity to follow a new direction in my career, but it was also risky, something that would have been difficult to get funded via traditional grants.” The use of goal-driven prizes to spur innovation has increased since the success of the Ansari X Prize in 1996, which aimed to acceler- ate the development of low-cost space flight (see ‘Glittering prizes’). The X Prize Foundation in Culver City, California, offered a $10-million prize for the first non-governmental organiza- tion to launch a reusable crewed craft into space. By the time the prize was awarded, in 2004, some 26 teams had signed on. Innovation prizes offer cash incentives to solve vexing problems. They are now a staple throughout US federal agencies, including NASA and the Defense Advanced Research Projects Agency, as well as in phil- anthropic organizations such as the Rod- A prize for mapping Indonesia’s peatlands could help to stop illegal clearances, which are a fire risk. -
The Mobile Health Revolution?
The Mobile Health Revolution? Nathan Cortez* Rarely does a class of technologies excite physicians, patients, financeers, gadgeteers, and policymakers alike. But mobile health — the use of mobile devices like smartphones and tablets for health or medical purposes — has captured our collective imagination. Observers predict that mobile health, also known as “mHealth” or by products called “medical apps,” can save millions of lives, billions in spending, and democratize access to health care. Proponents argue that mobile health technologies will transform the ways in which we deliver, consume, measure, and pay for care, disrupting our sclerotic health care system. This Article evaluates mobile health and its many ambitions. Given the significant hype surrounding mobile health, I try to provide a more sober review of the many claims here. I begin by surveying the universe of mobile health technologies, offering a typology of products based on their functions, many of which have regulatory significance. The Article then considers the federal government’s posture towards mobile health. To date, Congress and over half a dozen federal agencies have addressed these technologies. Contrary to the prevailing wisdom, federal regulators are sympathetic, not hostile, to mobile * Copyright © 2014 Nathan Cortez. Associate Professor and Associate Dean for Research, Southern Methodist University (SMU), Dedman School of Law. J.D. Stanford Law School, B.A. University of Pennsylvania. Many thanks to Nicholas Bagley, Jeffrey Bellin, Glenn Cohen, Nancy Leveson, -
Peter Diamandis
Peter Diamandis Peter H. Diamandis (/ˌdiːəˈmændɪs/; born May 20, 1961) is a Peter Diamandis Greek American engineer, physician,[1] and entrepreneur best known for being founder and chairman of the X Prize Foundation, cofounder and executive chairman of Singularity University and coauthor of The New York Times bestsellers Abundance: The Future Is Better Than You Think and BOLD: How to Go Big, Create Wealth, and Impact the World. He is former CEO and cofounder of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, cofounder of Celularity, founder of Students for the Exploration and Development of Space, vice chairman and cofounder of Human Longevity, Inc.[2] Contents Early life Born May 20, 1961 Career The Bronx, New York International Space University City, New York, United International MicroSpace, Inc. States Constellation Communications Nationality Greek American X PRIZE Foundation Education Massachusetts Zero Gravity Corporation Institute of Technology Angel Technologies Corporation Harvard Medical Space Adventures, Ltd. School BlastOff! Corporation Occupation Entrepreneur Rocket Racing League Employer X Prize Foundation Singularity University Planetary Resources Inc. Known for Personal spaceflight Human Longevity Inc. industry Celularity Title Chairman Books Website diamandis.com (http:// diamandis.com/) Additional notable achievements Personal life Notes External links -
Innovation Partnership Program in ASSOCIATION with UNIVERSITY Leveraging Exponentially Growing Technologies to Drive Powerful Innovation
SINGULARITY Innovation Partnership Program IN ASSOCIATION WITH UNIVERSITY Leveraging exponentially growing technologies to drive powerful innovation. Technological change is accelerating at serial failure at a time when companies are an exponential rate putting extremely becoming more and more risk averse. powerful technology in the hands of Many large companies are finding it small and nimble teams. While this poses increasing difficult to innovate internally HARNESSING significant threats to some industries, it because of bureaucracy and cultural also creates extraordinary opportunities. At issues. the same time that billion dollar companies The Innovation Partnership Program are going out of business overnight, new (IPP) was created to address these EXTRAORDINARY start-up companies are reaching billion issues, educate senior executives on best dollar market-caps in record time. innovation practices, allow them to share Pursuing breakthroughs requires experiences and create a forum for new OPPORTUNITIES significant risk taking and a tolerance for partnerships and continual learning. Collaborating with the brightest minds to learn, share THIRTY SELECT and solve global corporate and Grand Challenges. The Innovation Partnership Program is limited to This audacious effort is produced by the 90 senior executives from 30 select companies X PRIZE Foundation in association with Singularity COMPANIES who come together to learn, share and solve University. Participating companies are united global corporate challenges as well as the Grand by their desire to understand the impact of Challenges of the world. exponential technologies on their company As Innovation Partners, we gather together and industry, their need to increase the rate twice a year for four-day intensive workshops of innovation inside their product lines and that include innovation education, hands- organization, and thirst to learn best practices on experiences, expert lectures, networking, for using crowdsourcing and incentivized entertainment and Visioneering the future. -
Competition-Based Innovation the Case of the X Prize Foundation
COMPETITION-BASED INNOVATION THE CASE OF THE X PRIZE FOUNDATION MOKTER HOssain • ILKKA KAURANEN Abstract: The use of competition-based processes for the development of innovations is increasing. In parallel with the increasing use of competition-based innovation in business firms, this model of innovation is successfully being used by non-profit organizations for advancing the development of science and technology. One such non-profit organization is the X Prize Foundation, which designs and manages innovation competitions to encourage scientific and technological development. The objective of this article is to analyze the X Prize Foundation and three of the competitions it has organized in order to identify the challenges of competition-based innovation and how to overcome them. Keywords: Radical innovation, breakthrough innovation, competition-based innovation, innovation competition, modularity, X Prize Foundation A recently developed approach for creating radical or breakthrough innovations is taking clear shape: competition-based innovation. In competition-based innovation, innovations are created by engaging entities or individuals to submit solutions for specified challenges within a stipulated time frame. Then, the best solutions are selected and rewarded by the organizers of the innovation competition. Competition-based innovation is not a new concept (MacLeod, 1971), but the Internet and other advances in information technology have made its use significantly easier and consequently more widespread (Kalil, 2006). The currently popular concept of open innovation (Chesbrough, 2003) has helped to focus the attention of scholars and practitioners on competition-based innovation. Similar terms used to describe competition-based innovation are design competition, idea contest, innovation contest, innovation jam, and tournament-based innovation (Adamczyk, Bullinger, & Möslein, 2012).