Activity: Talk or presentation › Science to science
Description
The presented study aims at exploring the motivation of participants in large-scale innovation competitions. Besides a range of systematic differences to classical innovation tournaments, an additional contrast becomes salient: These tournaments such as the X-Prize offer very large prizes, yet the amount of prize money awarded does not attain the level of investment needed for actually claiming the prize. In Innocentive-style competitions, prize money offers a clear incentive to participate. Underlying motivations in such extreme settings, where it even appears to be economically irrational to participate, so far have remained unexplored.
Period
30 Jul 2012 → 1 Aug 2012
Event title
10th International Open and User Innovation Workshop