Optimal prize structures in the innovation context

本项目旨在研究创新竞赛中的最优奖品结构。创新竞赛促进了政府、非营利组织和企业的创新，但创新竞赛的优化设计是一个问题。创新对经济增长和企业竞争力很重要，但2015年澳大利亚创新系统报告将澳大利亚列为经合组织国家中表现平平的创新者。该项目将使用一种基于想法的创新模式，根据好想法的可用性来区分简单和困难的挑战。这一结果对于通过竞争有效激励创新具有重要意义。

This project aims to study the optimal prize structures in innovation contests. Innovation contests spur innovation for governments, not-for-profit organizations and firms, but the optimal design of innovation contests is a problem. Innovation is important in economic growth and firm competitiveness, but the 2015 Australian Innovation System Report identifies Australia as a mediocre innovator amongst the OECD countries. This project will use an ideas-based innovation model to distinguish between easy and difficult challenges based on the availability of good ideas. The results should be important for effective incentivising of innovation through contests.