“And the winner is…”: How the use of prizes can drive innovation
BOOKS AND REPORTS

“And the winner is…”: How the use of prizes can drive innovation

By: Gregory Häuptli Ever wondered how prizes can be used to spur innovation? Or what sponsors can do to deliver effective prizes? Prizes are not just for sporting events; indeed, philanthropic organizations have long used prizes to encourage and reward innovation in the social sector. A McKinsey report drew on academic literature, case studies, databases … Continue reading