Ming the Mechanic:
Prizes for solutions

The NewsLog of Flemming Funch
 Prizes for solutions2007-02-14 23:48
11 comments
picture by Flemming Funch

Wall Street Journal: Prizes for Solutions to Problems Play Valuable Role in Innovation.
The outfit that gave $10 million in 2004 to the first team to build and fly a spacecraft capable of carrying three people into space twice within two weeks has morphed into the X-Prize Foundation. With the backing of a Canadian diamond-mining magnate, it's now offering $10 million to the first team that can build and demonstrate a device to sequence 100 human genomes within 10 days or less (visit the contest site). The Rockefeller Foundation also is getting into the act to help solve science and technology problems faced by the poor.

"'Prize philanthropy' is useful for breaking a bottleneck where government bureaucracy and markets are stuck," says Thomas Vander Ark, who recently left conventional philanthropy at the Bill & Melinda Gates Foundation to run the X-Prize Foundation. While Gates and similar foundations "push" money on people to solve problems or meet social needs, he says, prizes "pull" people to problems.

Such prizes, newly popular and possible in an age of instant, cheap global communication, have a venerable history. In 1714, Britain offered £20,000 (roughly equivalent to £2.5 million, or $5 million, today) for a way for mariners to determine their longitude. Sir Isaac Newton was convinced the solution lay in astronomy. He was wrong: John Harrison, a working-class joiner with little formal education, built a clock that did the job. In 1919, hotel owner Raymond Orteig offered $25,000 for the first nonstop flight between New York and Paris. Eight years later, Charles Lindbergh won.
Interesting that it obviously isn't the actual money that does the trick. It cost more than $10 million to win the X-Price. Rather, it is the game that motivates. Rewards sometimes accomplish much more than investments could.


[< Back] [Ming the Mechanic]

Category:  

11 comments

21 Oct 2007 @ 10:26 by nix zerography @66.74.64.128 : uh wirthless re-spawn-ce
...and then build a sanctuary under the ocean for all of the prize winners to be able to create freely w/o constraints & call that place RAPTURE....(belch)..  


21 Oct 2007 @ 17:30 by bushman : Hmm,
spose people like Tesla did build underground citys or under sea cities, and fly around in what we call UFOs, and stay out of the limelite, maybe every once in a while letting new people into thier world , for instance Steve Fawcet, just up and vanished, maybe to a city on Mars? :}  


25 Jun 2015 @ 07:30 by wss @182.162.19.20 : dfsdf
burberry outlet, http://burberry.outletnow.net/
christian louboutin outlet, http://christian.louboutin-outlet.net/
tory burch sandals, http://toryburch.salesandals.net/
abercrombie and fitch, http://www.abercrombieand-fitch.com.co/
abercrombie and fitch, http://www.abercrombiefitch.us.com/
abercrombie, http://www.abercrombie-kids.us.com/
nike huarache, http://www.air-huarache.co.uk/
air jordan, http://www.airjordans.us/
air jordan shoes, http://www.airjordanshoes2015.com/
nike air max 2015, http://www.airmax-2015.org/
air max, http://www.airmax-90.org/
babyliss pro, http://www.babyliss-pro.net/
basketball shoes, http://www.basketballshoes.com.co/
beats by dre outlet, http://www.beatsbydrdre.co.com/
beats by dre, http://www.beatsbydre.com.co/
monster beats outlet, http://www.beats-by-dre.com.co/
beats headphones, http://www.beatsheadphones.in.net/
bottega, http://www.bottega.us/
burberry outlet online, http://www.burberryhandbags.net.co/
burberry, http://www.burberry-outlet.jp.net/
burberry outlet, http://www.burberryoutlet.org.uk/
burberry factory, http://www.burberryoutlet-online.co.com/
burberry, http://www.burberryoutlet-online.in.net/
cheap calvin kleins, http://www.calvinklein.co.com/
celine handbags, http://www.celinebags.org/
chanel handbags, http://www.chanelhandbags.net.co/
easton bats, http://www.cheapbaseballbats.net/
christian louboutin shoes, http://www.christianlouboutinshoes.ar.com/
nfl jerseys, http://www.cheapjerseys.in.net/
cheap jordans, http://www.cheap-jordans.net/
cheap michael kors, http://www.cheapmichaelkors.us.org/
nike shoes, http://www.cheap-nikeshoes.com/
cheap oakley sunglasses, http://www.cheapoakley.us.org/
cheap oakley , http://www.cheapoakleysunglasses.ar.com/
cheap oakley sunglasses, http://www.cheap-oakleysunglasses.in.net/
cheap ray ban, http://www.cheaprayban.com.co/
boots on sale, http://www.cheapshoes.com.co/
cheap ugg boots, http://www.cheapuggboots.eu.com/
flat iron, http://www.chiflatiron.net.co/
christian louboutin, http://www.christian--louboutin.in.net/
louboutin shoes, http://www.christianlouboutin.org.uk/
christian louboutin shoes, http://www.christianlouboutinshoes.jp.net/
coach outlet online, http://www.coachfactory-outlet.co.com/
coach factory, http://www.coachfactoryoutletonline.co.com/
coach outlet usa, http://www.coach-handbags.com.co/
coach outlet, http://www.coachoutlet-online.com.co/
coach store online, http://www.coachoutletstore.net.co/
coach outlet, http://www.coachoutletstore-online.com.co/
chanel sunglasses, http://www.coco-chanelbags.com.co/
converse shoes, http://www.converse.net.co/
coach handbags, http://www.designerhandbagsoutlet.com.co/
eyeglasses online, http://www.eyeglassesonline.us.com/
eyeglass frames, http://www.eyeglassframes.us.com/
burberry clothes, http://www.fashion-clothing.us.com/
salvatore ferragamo, http://www.ferragamo.com.co/
ferragamo shoes, http://www.ferragamoshoes.net/
hair straightener, http://www.ghdhairstraightener.com.co/
gucci shoes outlet, http://www.gucci.me.uk/
gucci handbags, http://www.guccihandbags.com.co/
gucci factory, http://www.gucci-outlet.in.net/
gucci outlet, http://www.gucci--outlet.com.co/
gucci shoes, http://www.guccishoes.net.co/
gucci shoes, http://www.guccishoes.us.org/
hermes, http://www.hermesbags.com.co/
hermes birkin, http://www.hermesbirkin.com.co/
hermes outlet online, http://www.hermesoutlet.net.co/
hollister, http://www.hollister.us.org/
hollister clothing, http://www.hollisterclothing-store.in.net/
insanity workout, http://www.insanityworkout.net.co/
iphone cases, http://www.iphone-cases.us/
jimmy choo, http://www.jimmychoo.net.co/
jordan retro, http://www.jordanretro.org/
jordan shoes, http://www.jordan-shoes.com.co/
juicy couture outlet, http://www.juicycouture.com.co/
juicy couture handbags, http://www.juicycoutureoutlet.net.co/
kate spade, http://www.kate-spade.com.co/
kate spade handbags, http://www.katespade-outlet.com.co/
kate spade outlet online, http://www.kate-spades.com/
longchamp, http://www.longchamp.us.org/
longchamp handbags, http://www.longchamp.com.co/
louboutin, http://www.louboutin.jp.net/
louis vuitton canada, http://www.louis-vuittoncanada.ca/
louis vuitton bags, http://www.louisvuitton.jp.net/
louis vuitton, http://www.louis--vuitton.org.uk/
vuitton handbags, http://www.louisvuitton.so/
louis vuitton outlet online, http://www.louisvuittonas.com/
louis vuitton, http://www.louisvuitton-outlet.com.co/
louis vuitton, http://www.louisvuitton-outlets.us/
marc jacobs handbags, http://www.marcjacobsonsale.com/
mcm bags, http://www.mcm-bags.net/
mcm backpack, http://www.mcmhandbags.com.co/
michael kors, http://www.michaelkors.so/
cheap michael kors, http://www.michael--kors.us.com/
michael kors bags sale, http://www.michaelkorsbags.us.org/
michael kors, http://www.michaelkorshandbags.org.uk/
michael kors outlet online, http://www.michael-kors-handbags.us.com/
michael kors outlet, http://www.michaelkorsoutlet.ar.com/
michael kors outlet, http://www.michael-kors-outlet.us.org/
michael kors outlet online, http://www.michaelkorsoutlet-online.ar.com/
michael kors outlet online sale, http://www.michael-kors-outlet-online.us.org/
michael kors outlet store, http://www.michaelkorsoutletonline-sale.us.com/
michael kors uk, http://www.michaelkors-uk.org.uk/
mont blanc pens, http://www.montblanc--pens.net/
new balance, http://www.newbalance-outlet.org/
nike air max, http://www.nike-air-max.us/
nike factory, http://www.nikefactory.org/
nike free, http://www.nikefree5.net/
nike free run, http://www.nikefree-run.net/
nike free, http://www.nikefree-run.org.uk/
air jordans, http://www.jordanrelease-dates.com/
nike mercurial, http://www.nikemercurial.net/
nike roshe, http://www.nikerosherun.us/
nike outlet store, http://www.nikestore.us/
north face, http://www.northface.us.org/
north face clearance, http://www.northfaceoutlet.com.co/
oakley outlet, http://www.oakleyoutlet.us.org/
oakley sunglasses, http://www.oakley-sunglasses.us.org/
oakley sunglasses cheap, http://www.oakleysunglassescheap.in.net/
oakley sunglasses, http://www.oakleysunglassesoutlet.com.co/
omega watches, http://www.omegawatches.us.com/
pandora charms, http://www.pandora-charms.org.uk/
pandora jewelry, http://www.pandorajewelry.com.co/
polo outlet, http://www.polo-outlets.com/
prada outlet, http://www.pradahandbags.net.co/
prada handbags, http://www.pradahandbags.com.co/
prada outlet, http://www.pradashoes.com.co/
ralph lauren uk, http://www.ralph-lauren.org.uk/
polo ralph lauren outlet, http://www.ralphlaurenoutlet.us.com/
ralph lauren, http://www.ralphlauren-outlet.org.uk/
ralph lauren shirts, http://www.ralphlaurenoutletonline.com.co/
ralph lauren outlet, http://www.ralphlaurenoutletonline.in.net/
polo ralph lauren, http://www.ralphlaurenpolo.in.net/
ray ban outlet, http://www.ray-ban-outlet.us.com/
ray bans, http://www.raybans.us.org/
ray ban sunglasses, http://www.rayban-sunglasses.org.uk/
ray-ban sunglasses, http://www.rayban-sunglasses.us.org/
ray ban sunglasses outlet, http://www.raybansunglassesoutlet.net.co/
ray ban wayfarer, http://www.raybanwayfarer.in.net/
replica handbags, http://www.replicahandbags.com.co/
rolex watches, http://www.replicawatches.us.com/
retro jordans, http://www.retro-jordans.com/
rolex watches, http://www.rolex-watches.me.uk/
nike roshe, http://www.rosherun.org.uk/
roshe run, http://www.rosheruns.us/
salvatore ferragamo, http://www.salvatoreferragamo.in.net/
soccer shoes, http://www.soccer-shoes.org/
baseball bats, http://www.softball-bats.us/
supra shoes, http://www.suprashoe.net/
swarovski crystal, http://www.swarovskicrystal.com.co/
swarovski jewelry, http://www.swarovskijewelry.com.co/
swarovski, http://www.swarovski-uk.org.uk/
the north face, http://www.the-northface.com.co/
the north face jackets, http://www.the-northface.in.net/
north face, http://www.thenorth-face.org.uk/
north face outlet, http://www.thenorthface.us.org/
north face outlet, http://www.thenorthfacejackets.in.net/
thomas sabo, http://www.thomassabo-uk.org.uk/
tiffany and co, http://www.tiffanyandco.net.co/
tiffany jewelry, http://www.tiffanyjewelry.us.org/
timberland outlet, http://www.timberlandboots-outlet.net/
timberland boots, http://www.timberland-shoes.com/
tommy hilfiger outlet, http://www.tommyhilfiger.net.co/
tommy hilfiger kids, http://www.tommy-hilfigeroutlet.com/
toms shoes outlet, http://www.tomshoesoutlet.com/
toms outlet, http://www.toms-outlet.in.net/
toms shoes, http://www.toms-shoes.com.co/
tory burch outlet, http://www.tory-burch-outlet.in.net/
tory burch outlet, http://www.tory-burchoutlet.us.com/
true religion, http://www.true-religion.com.co/
true religion jeans, http://www.truereligionjeans.net.co/
true religion outlet, http://www.truereligion-outlet.com.co/
ugg australia, http://www.uggaustralia.net.co/
ugg boots, http://www.uggboots.net.co/
ugg boots clearance, http://www.uggbootsclearance.com.co/
uggs on sale, http://www.uggsonsale.com.co/
uggs outlet, http://www.uggsoutlet.com.co/
coach outlet, http://www.uptocoachoutlet.com/
vans shoes, http://www.vansshoes.us/
wedding dresses, http://www.weddingdressesuk.org.uk/
yoga pants, http://www.yogapants.com.co/
ugg boot sale, http://www.ugg-boots.us.org/
polo ralph lauren outlet, http://www.poloralphlaurenoutlet.net.co/
burberry outlet online, http://www.burberryoutletonline.ar.com/
toms outlet, http://www.toms-outlet.net.co/
michaelkors.com, http://www.michaelkors.in.net/
christian louboutin, http://www.christianlouboutinoutlet.net.co/
tory burch sale, http://www.toryburchsale.com.co/
prada outlet, http://www.pradaoutlet.com.co/
longchamp handbags, http://www.longchamp-handbags.in.net/
longchamp outlet, http://www.longchampoutlet.com.co/
chanel bags, http://www.chanel-bags.com.co/
true religion outlet, http://www.truereligion-outlet.us.org/
abercrombie and fitch kids, http://www.abercrombie-and-fitch.us.com/
hollister clothing, http://www.hollisterclothing.in.net/
new balance shoes, http://www.newbalance-shoes.org/
converse shoes, http://www.converse--shoes.net/
lululemon outlet, http://www.lululemonoutlet.com.co/
nfl jerseys, http://www.nfl-jerseys.in.net/
cheap jerseys, http://www.cheapjerseys.us.org/
rolex watches, http://www.rolex-watches.us.com/
rolex watches for sale, http://www.rolexwatchesforsale.us.com/
p90x workout, http://www.p90xworkout.in.net/
giuseppe zanotti, http://www.giuseppezanotti.com.co/
mac cosmetics, http://www.maccosmetics.net.co/
instyler ionic styler, http://www.instyler.in.net/
mizuno wave, http://www.mizunorunning.net/
designer handbags, http://www.handbagsoutlet.com.co/
tommy hilfiger, http://www.hilfigeroutlet.in.net/
ed hardy, http://www.edhardy.in.net/
levi's jeans, http://www.levisjeans.com.co/
bcbg max, http://www.bcbgdresses.net/
bebe dresses, http://www.bebeclothing.net/
harrods, http://www.harrods-london.co.uk/
gucci outlet, http://www.guccishoes.com.co/
ralph lauren outlet online, http://www.ralphlaurenoutletonline.us.org/  



29 Apr 2016 @ 11:15 by Adelie @188.143.232.32 : qfdzDseRGsVAW
« La postérité ju;sba&nrep;»g, mais on devine dans quel sens selon vous, dont le jugement est ficelé une fois pour toutes depuis le premier jour (au moins). http://xsxdgo.com [url=http://qqsnwtzw.com]qqsnwtzw[/url] [link=http://muulaa.com]muulaa[/link]  


31 May 2016 @ 15:05 by Roseanna @188.143.232.32 : jDdKCOcyRqvUwcRcJyD
http://marionplatt.com/lying-about-car-accident-to-insurance.html http://marionplatt.com/maccormack-agency.html http://jennyaustin.net/missouri-car-title.html http://edwardallerton.com/where-can-i-get-sr22-insurance.html  


9 Sep 2016 @ 07:33 by xender for pc @117.207.105.5 : xender for pc
xender for pc  


21 Oct 2016 @ 00:32 by Alexavia @188.143.232.32 : oNYRJXVRhhkrKZlXHxVX
http://billigekfzversicherung.top/vhv-versicherung-kfz-erfahrung.html  


31 Oct 2016 @ 07:04 by snapchat pc @180.215.119.207 : qwz
hi http://www.mobogenieforpcc.com
good http://www.snapchatforpcdownload.com
post http://www.ucbrowserforpcc.com
snapchat windows http://www.snapchatforpcdownload.com/2016/06/snapchat-pc-free-download-windows-xp788-110/
snapchat for linux http://www.snapchatforpcdownload.com/2016/06/snapchat-for-linux-free-download/
snapchatdownload http://www.snapchatforpcdownload.com/2016/06/snapchat-download/
snapchat app http://www.snapchatforpcdownload.com/2016/06/snapchat-app-free-download/
mac http://www.snapchatforpcdownload.com/2016/06/snapchat-for-mac-pc-free-download/
ios http://www.snapchatforpcdownload.com/2016/06/snapchat-app-for-ios-free-download/
android http://www.snapchatforpcdownload.com/2016/06/snapchat-for-android-free-download/
windows http://www.mobogenieforpcc.com/2016/06/mobogenie-for-pc-windows-xp788-110-html/
app http://www.mobogenieforpcc.com/2016/06/mobogenie-app-free-download/
ios http://www.mobogenieforpcc.com/2016/06/mobogenie-for-ios-free-download/
android http://www.mobogenieforpcc.com/2016/06/mobogenie-for-android-free-download/
windows http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-pc-free-download-windows-xp-7-8-10/
ios http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-ios-free-download/
mac http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-mac-pc-free-download/
android phone http://www.ucbrowserforpcc.com/2015/12/uc-browser-apk-for-android-phone-free-download/
windows phone http://www.ucbrowserforpcc.com/2015/12/uc-browser-for-windows-phone-free-download/  



1 Nov 2016 @ 17:29 by trio4d @42.115.2.44 : agen togel
was very helpful and very useful
articles that you provide very helpful and nice to everyone thanks
promo
http://trio4d.com/promo-bagi-player-trio4d.html
daftar
http://trio4d.com/daftar-member.html
cara
http://trio4d.com/cara-bermain-togel.html
informasi
http://trio4d.com/informasi-pasaran.html
Buku mimpi
http://trio4d.com/buku-mimpi.html  



10 Dec 2016 @ 12:56 by Justice @188.143.232.32 : NesEReONGiQ
each http://insuranceforyou.pw absolute bring http://tunicanationalcommunity.com/cheap_auto_insurance.html while while most http://sarviskids.net/car_insurance.html saving recommend moving http://affordablecarinsur.top recover through provider organization http://shoppingforinsurance.top accounts now premium discounts http://compareinsurancequotes.pw premium discounts  


15 Dec 2016 @ 10:09 by Patsy @188.143.232.32 : eSbSejnubgN
http://schnellerkreditonline.top/bank-schufaauskunft-schufafrei-kreditkarte.html http://diekrediteonlinevergleichen.pw/guenstig-kredit-vergleich-finanztest-juni.html http://wichtigstekreditvergleiche.top/welche-bank-vergibt-kredit-ohne-einkommen.html http://guenstigerkredit.club/test-kredit-bank-wechseln.html  


Your Name:
Your URL: (or email)
Subject:       
Comment:
For verification, please type the word you see on the left:


Other stories in
2014-09-30 23:43: Good products
2011-12-01 17:56: Are jobs becoming obsolete?
2011-11-20 23:39: Order and violence
2011-11-15 23:30: Being prepared
2011-11-10 01:11: World Transformation
2011-02-23 23:12: The Collective Intelligence Singularity
2009-06-16 00:39: Baseline technology
2009-06-07 15:00: The Giant in Nantes
2008-10-14 19:56: Money and the Crisis of Civilization
2008-05-08 23:01: Why Denmark is the world's happiest country



[< Back] [Ming the Mechanic] [PermaLink]? 


Link to this article as: http://ming.tv/flemming2.php/__show_article/_a000010-001787.htm
Main Page: ming.tv