3 ms·
> Why innovation prizes fail? Modern innovation prizes, like Elon or say Twitter's attempt to figure out how to monetize comes with unsurprisingly draconian IP
by Supermancho 5y ago
> Why innovation prizes fail?
Modern innovation prizes, like Elon or say Twitter's attempt to figure out how to monetize comes with unsurprisingly draconian IP shackles. You work becomes there and you can't make money off of it. You get a relatively small reward for a huge boon to someone else. Companies spawn out of innovation prizes, not free ideas for the sponsors to profit off of.