Phi Beta Cons

Scientific Progress: The Innocentive Way

Here’s how it goes:
Science professors link to InnoCentive, an open, online platform that connects world-class scientists with companies to collaborate on complex scientific challenges. Professors solve scientific needs posited by companies. Professors collect cash prizes of $10,000 to $100,000 for submitting winning solutions. Companies save costs of hiring researchers to meet all its rapidly evolving scientific needs. (Chronicle of Higher Education, login needed)
Neat.

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