A communications and information-driven renaissance is driving a resurgence in open innovation, according to global crowdsourcing company, InnoCentive.
Prize competitions have long been used to solve problems and drive innovation: the 18th century Longitude Prize led to ships being able to better navigate the seas; the Orteig Prize of the early 20th century resulted in the first non-stop flight from New York City to Paris. Despite this usage in the 1800s and early…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
