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Prize Power: How Competition Inspires Tech Innovation

Posted by Scott_Ruecker on
LinuxInsider; By JR Raphael
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There's something about the concept of competition that gets big thinkers to put their ideas out there in the open -- regardless of how audacious those ideas are. It worked with Charles Lindbergh decades ago, and it's still working today. Organizations like the X Prize Foundation and Innocentive are offering large prizes to anyone who can be the first to accomplish extreme goals.

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