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The Role of Inducement Prizes

In progress

Any project, supported or not by a committee, that is currently being worked on or is considered active, and will have an end date.

Regional focus

North America

Topics

Over the course of the past two decades there has been a resurgent interest in the use of prizes to spur innovation. Unlike prizes that recognize past achievements, “inducement” prizes are designed to stimulate some activity, whether it be the creation of a desired technology, orienting research efforts toward designing products that are capable of being used at scale by customers, or developing products with wide societal benefits.

Building on previous STEP Board publications that explored the use of prizes, a STEP committee will conduct a study on the role of inducement prizes in spurring American innovation.

About Past Events
Meeting

The Role of Inducement Prizes (Meeting 7)

  • May 26, 2021
  • 2:00 PM - 3:00 PM (ET)
  • Closed
  • Meeting
  • Past

Closed Meeting of the Committee on the Role of Inducement Prizes

The Role of Inducement Prizes (Meeting 6)

  • May 12, 2021
  • 2:00 PM - 3:00 PM (ET)
  • Closed
  • Meeting
  • Past

Closed Meeting of the Committee on the Role of Inducement Prizes

The Role of Inducement Prizes - Meeting 5

  • January 30 - 31, 2020
  • Closed
  • Meeting
  • Past

The Committee on the Role of Inducement Prizes will meet in closed session for this two-day meeting in Washington.

The Role of Inducement Prizes -Meeting 4

  • November 21 - 22, 2019
  • Closed
  • Meeting
  • Past

Fourth Meeting of the Committee on the Role of Inducement Prizes. Closed in its entirety.

The Role of Inducement Prizes - Meeting 3

  • May 29 - 30, 2019
  • Meeting
  • Past

The 3rd Meeting of the Committee on the Role of Inducement Prizes will include open and closed sessions on 29 May and 30 May 2019. The purpose of the public sessions is to spur further discussion on t...

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