Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture

This paper describes how governments and philanthropic donors could drive innovation through a new kind of technology contest. We begin by reviewing the history of technology prizes, which operate alongside private intellectual property rights and public R&D to accelerate and guide productivity grow...

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Autores principales: Masters, William A., Delbecq, Benoit
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2008
Materias:
Acceso en línea:https://hdl.handle.net/10568/161327
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author Masters, William A.
Delbecq, Benoit
author_browse Delbecq, Benoit
Masters, William A.
author_facet Masters, William A.
Delbecq, Benoit
author_sort Masters, William A.
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper describes how governments and philanthropic donors could drive innovation through a new kind of technology contest. We begin by reviewing the history of technology prizes, which operate alongside private intellectual property rights and public R&D to accelerate and guide productivity growth towards otherwise-neglected social goals. Proportional prize rewards" would modify the traditional winner-take-all approach, by dividing available funds among multiple winners in proportion to measured achievement. This approach would provide a royalty-like payment for incremental success. The paper provides concludes with a specific example for how such prizes could be implemented to reward and help scale up successful innovations in African agriculture, through payments to innovators in proportion to the value created by their technologies after adoption. "
format Artículo preliminar
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institution CGIAR Consortium
language Inglés
publishDate 2008
publishDateRange 2008
publishDateSort 2008
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
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spelling CGSpace1613272025-11-06T07:18:29Z Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture Masters, William A. Delbecq, Benoit productivity technology adoption intellectual property rights agricultural research innovation This paper describes how governments and philanthropic donors could drive innovation through a new kind of technology contest. We begin by reviewing the history of technology prizes, which operate alongside private intellectual property rights and public R&D to accelerate and guide productivity growth towards otherwise-neglected social goals. Proportional prize rewards" would modify the traditional winner-take-all approach, by dividing available funds among multiple winners in proportion to measured achievement. This approach would provide a royalty-like payment for incremental success. The paper provides concludes with a specific example for how such prizes could be implemented to reward and help scale up successful innovations in African agriculture, through payments to innovators in proportion to the value created by their technologies after adoption. " 2008 2024-11-21T09:54:56Z 2024-11-21T09:54:56Z Working Paper https://hdl.handle.net/10568/161327 en Open Access application/pdf International Food Policy Research Institute Masters, William A.; Delbecq, Benoit. 2008. Accelerating innovation with prize rewards. IFPRI Discussion Paper 835. https://hdl.handle.net/10568/161327
spellingShingle productivity
technology adoption
intellectual property rights
agricultural research
innovation
Masters, William A.
Delbecq, Benoit
Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title_full Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title_fullStr Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title_full_unstemmed Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title_short Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture
title_sort accelerating innovation with prize rewards history and typology of technology prizes and a new contest design for innovation in african agriculture
topic productivity
technology adoption
intellectual property rights
agricultural research
innovation
url https://hdl.handle.net/10568/161327
work_keys_str_mv AT masterswilliama acceleratinginnovationwithprizerewardshistoryandtypologyoftechnologyprizesandanewcontestdesignforinnovationinafricanagriculture
AT delbecqbenoit acceleratinginnovationwithprizerewardshistoryandtypologyoftechnologyprizesandanewcontestdesignforinnovationinafricanagriculture