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Isn’t the potential market opportunity and big positive externalities the innovation prize? If you figure out how to turn zebra mussels into cat food, you’ll be
by paulcole 6y ago
Isn’t the potential market opportunity and big positive externalities the innovation prize? If you figure out how to turn zebra mussels into cat food, you’ll be rich. Or you won’t and there was no potential marketing opportunity and the positive externalities weren’t that big.
- ErikVandeWater 6y agoWhat do you think of: https://www.popsci.com/technology/article/2011-10/x-prize-challenge-seeks-new-designs-and-inspiration-clean-future-oil-spills/ https://www.popsci.com/technology/article/2011-10/x-prize-ch... Surely it would be profitable when a spill occurs for oil companies to be able to laud their cleanup efforts as the most efficient ever, in addition to benefits to the environment. Yet the X Prize appears to have found a substantially more efficient way than decades of private solutions from big companies.