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Innovation Inducement Prizes: At the National Science Foundation
contractor, and the results circulated for comment by interested constituencies. The committee’s proposal allows significant time for analysis and refinement before the first major NSF innovation prize contest is announced.
AWARDING INNOVATION INDUCEMENT PRIZES
NSF innovation inducement prizes should be awarded in a manner conducive to raising public awareness of the importance of innovation to the economy and society. Smaller-scale prizes should be awarded in appropriate venues in ceremonies involving the NSF leadership, White House officials, and members of Congress. Larger prizes should be awarded at events, ideally nationally televised, with participation by contestant sponsors, national political and business leaders, and media figures.