Competition-Based Innovation: The Case of the X Prize Foundation

  • Mokter Hossain Aalto University
  • Ilkka Kauranen Aalto University
Keywords: Radical innovation, breakthrough innovation, competition-based innovation, innovation competition, modularity, X Prize Foundation


The use of competition-based processes for the development of innovations is increasing. In parallel with the increasing use of competition-based innovation in business firms, this model of innovation is successfully being used by non-profit organizations for advancing the development of science and technology. One such non-profit organization is the X Prize Foundation, which designs and manages innovation competitions to encourage scientific and technological development. The objective of this article is to analyze the X Prize Foundation and three of the competitions it has organized in order to identify the challenges of competition-based innovation and how to overcome them.

Author Biography

Mokter Hossain, Aalto University
Researcher Industrial Engineering and Management
How to Cite
Hossain, M., & Kauranen, I. (2014). Competition-Based Innovation: The Case of the X Prize Foundation. Journal of Organization Design, 3(3), 46-52.
Case Study