Science and Engineering: Innovation, Research, Education and Economics
July 9, 2006
Cash Awards for Engineering Innovation

This article discusses the recent explosion of cash awards to encourage development of engineering solutions. Want innovation? Offer cash (page deleted by external site - poor usability):

In the early 20th century, prizes in the aviation and automotive worlds were common. Sometimes they were awarded for incremental progress, other times for breakthroughs like the Lindbergh flight.

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