Say for example subject matter Y people tend not to engage with subject matter Z people, but you hypothesise that subject matter Y's technology could solve subject matter Z's problems, then you pose an Inducement Prize Contest that will be won by the best use of subject matter Y's technology to solbe subject matter Z's problems. Obviously in order to win, subject matter Y people will need to engage with subject matter Z people in order to understand their problems, thus forcing the two groups together, which is likely to generate benefits that outlive the competition.
Monday, 2 January 2012
Using Inducement Prize Contests to get disparate groups to work together
Say for example subject matter Y people tend not to engage with subject matter Z people, but you hypothesise that subject matter Y's technology could solve subject matter Z's problems, then you pose an Inducement Prize Contest that will be won by the best use of subject matter Y's technology to solbe subject matter Z's problems. Obviously in order to win, subject matter Y people will need to engage with subject matter Z people in order to understand their problems, thus forcing the two groups together, which is likely to generate benefits that outlive the competition.
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