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Articles on Process of Innovation

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Many prizes that aim to spur innovation are winner-take-all. VCG for 2019 RoboMaster Robotics Competition Final Tournament via Getty Images

Want to solve society’s most urgent problems? Cash prizes can spur breakthroughs

Society has never faced more pressing challenges. Researchers are investigating how monetary prizes can help focus innovators' attention, creativity and investment on finding solutions.
Bernard Tobey, a double amputee, and his son, wearing Union sailor uniforms, standing beside a small wagon displaying Secretary of War Edwin Stanton’s dispatch on the fall of Fort Fisher. Fetter's New Photograph Gallery/Library of Congress

How the Civil War drove medical innovation – and the pandemic could, too

Lessons from history make clear that the federal government can spur medical innovation in a crisis, including this pandemic. Providing certainty and clarity is critical.

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