Principles of Wikinomics May Help Solve Traffic Congestion

Traffic_Congestion

Traffic congestion is a worldwide headache that gets worse with each passing day. The Intelligent Transportation Society of America and its partners are seeking solutions to this problem, so they turned to VenCorps to apply the principles of Wikinomics.

 

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Rubberband Contest For Young Inventors

Rubberband Contest For Young Inventors 

There’s a really cool contest going on now for students grades 5 through 8, challenging them to invent something with one or more rubber bands. It’s the first of its kind, according to the sponsors, and just thinking about using a rubber band in something totally new has got to be a stretch.

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Using Mega-Cash Prizes to Incentivize Revolutionary Science

Balancing risk and reward

Balancing risk and reward

 

A new paper in Medical Hypotheses suggests that very big cash prizes could specifically be targeted to stimulate ‘revolutionary’ science. Usually, prizes tend to stimulate ‘applied’ science — as in the most famous example of Harrison’s improved clock solving the ‘longitude’ problem. But for prizes successfully to stimulate revolutionary science the prizes need to be three key elements. Details after the jump.

 

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