The report is the third in an annual series briefing Congress on the results of legislative language in the America Competes Reauthorization Act of 2010 that encourages the use of prize competitions by federal agencies to spur innovation.
In the private sector, such competitions have occasionally become major spectacles, such as the 1927 Orteig Prize that led to Charles Lindbergh’s trans-Atlantic flight and the $10-million prize a decade ago for the successful launch of a commercial spacecraft. But in the arena of federally sponsored science, and especially as it concerns the basic research done at universities, the uses appear more limited, such as tackling logistical roadblocks or developing web applications.
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