@article{Hossain_Kauranen_2014, title={Competition-Based Innovation: The Case of the X Prize Foundation}, volume={3}, url={https://www.jorgdesign.net/article/view/9790}, DOI={10.7146/jod.9790}, abstractNote={<p class="p1">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.</p>}, number={3}, journal={Journal of Organization Design}, author={Hossain, Mokter and Kauranen, Ilkka}, year={2014}, month={Oct.}, pages={46–52} }