Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > News > Prizes for innovation not a new concept, but still effective

March 19th, 2007

Prizes for innovation not a new concept, but still effective

Abstract:
Many Americans believe the only conceivable way for this country to develop viable independent energy sources is through government intervention — alternative-fuel mandates, fuel efficiency mandates, public transportation construction.

But we would prefer to look to the creativity of the free market. What better way to unlock that creativity than to make a competition of it, and that's just what the X Prize Foundation is doing.

The Santa Monica, Calif.-based foundation has introduced a contest centered on automotive fuel efficiency, offering a $25 million prize to anyone who can produce a commercially viable car that can get 100 miles per gallon.

As early as 1714, the British Parliament put out the call for a way to accurately calculate longitude, and proposals poured in. In 1919, Raymond Orteig offered $25,000 to the first person to cross the Atlantic Ocean in an airplane, leading to Charles Lindbergh's flight and worldwide fame and fortune. The Foresight Institute last year awarded $250,000 to two California Institute of Technology researchers, the first scientists to design and build two particular nanotechnology devices.

Source:
cnjonline.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Phagraphene, a 'relative' of graphene, discovered September 2nd, 2015

Hot electrons point the way to perfect light absorption: Physicists study how to achieve perfect absorption of light with the help of rough ultrathin films September 1st, 2015

Using DNA origami to build nanodevices of the future September 1st, 2015

Nanotech could rid cattle of ticks, with less collateral damage September 1st, 2015

Automotive/Transportation

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Lehigh University-DuPont tribology research seeks to reduce wear and waste August 13th, 2015

Flexible dielectric polymer can stand the heat August 6th, 2015

Sol-gel capacitor dielectric offers record-high energy storage July 30th, 2015

Human Interest/Art

Bionic liver micro-organs explain off-target toxicity of acetaminophen (Tylenol): Israeli-German partnership aims to replace animal experiments with advanced liver-on-chip devices August 17th, 2015

Omni Nano and Time Warner Cable Partner to Provide Nanotechnology Education to the Boys & Girls Clubs of Los Angeles: A $10,000 Donation to Benefit Youth of Los Angeles County's Boys & Girls Clubs August 4th, 2015

Kalam: versatility personified August 1st, 2015

Pakistani Students Who Survived Terror Attack to Attend Weeklong “NanoDiscovery Institute” at SUNY Poly CNSE in Albany July 29th, 2015

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

A marine creature's magic trick explained: Crystal structures on the sea sapphire's back appear differently depending on the angle of reflection September 2nd, 2015

RUSNANOPRIZE Directorate Announces New Deadline for Nominations Submission – September 11, 2015 September 1st, 2015

$200K Awarded to Develop In Vitro Lung Test for Toxicity of Inhaled Nanomaterials: In Vitro Lung Test Designed to Protect Human Health and Replace Animal Testing September 1st, 2015

Seeing quantum motion August 30th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic