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Oil-spill-response Prize. Instead of making small, incremental steps through the usual RFP process, we are considering establishing a purse prize to reward a successful, innovative solution to a problem in oil spill response. PWS Oil Spill Recovery Institute looking for partners.
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Oil-spill-response Prize Instead of making small, incremental steps through the usual RFP process, we are considering establishing a purse prize to reward a successful, innovative solution to a problem in oil spill response. PWS Oil Spill Recovery Institute looking for partners
Leveraging a prize on the order of $50-100K+, we save on the large R&D cost. We pay for a successful solution rather than an individual attempts to provide a solution.
Inspiration from the X Prize Team awarded $10M for designing first private spaceship to fly to the edge of space, an endeavor that jump-started the personal spaceflight industry. SpaceShipOne and White Knight Oct. 4, 2004
Creating a Global Network to Solve R&D Problems: “Local vs. Broadcast Search” InnoCentive www.innocentive.com OSRI Board members are encouraged to register as “Solvers” at the InnoCentive website to view example problem statements currently posted.
Our Key Resource: Untapped Talent PoolsLocal Search vs. Broadcast Search LOCAL SEARCH • US, EU Academics • Preferred Contract labs • Individual networks BROADCAST SEARCH • Global Academia • Scientists in other fields • Excess capacity • Retirees Traditional networks Nontraditional pools of intellectual capacity Proprietary and Confidential
How InnoCentive Works Today InnoCentive Scientific Operations Seeker Organizations Solvers Proprietary and Confidential
InnoCentive’s Share of (Global) Mind >95,000 “solvers” 80,000 Solversin over 40 scientific disciplines = Countries With Registered Solvers Proprietary and Confidential
Results • Over 350 challenges posted • >95,000 solvers (>150 countries) • >125 awards to date (many under review/pending) • Global source of solutions • Argentina - Italy -Singapore • Canada - Japan - Spain • China - Kazakhstan - Sweden • Denmark - N.Ireland - Switzerland • Egypt - Philippines - Thailand • Germany - Poland - UK • India - Romania - USA • Israel - Russia
Process for OSRI & partners • OSRI STC & partners determine problem statement • Enter into contract with InnoCentive ($2,000 to post challenge, ~$25K access fee for ~2 years). InnoCentive gets a 20% commission on the award. • InnoCentive provides the following services: • Help defining terms of “success” in the problem statement. Can have multiple problem statement. • Marketing the challenge • Screening questions from solvers • Surveying the solvers to see where they are in progress • Packaging the submissions and conducting preliminary review. If they think the solver didn’t answer the problem they go back to solver. • Sends OSRI & partners the cleaned up submission • Seekers and Solvers are anonymous if we want. Solvers are anonymous until we decide which solution gets the size. This way you judge on the science not the pedigree of who it is.
Where we are in the process: • Katey Walter is collecting example problem statements to submit to InnoCentive • OSRI Board approval on process, Sept. 12 • InnoCentive screens submitted problem statements for plausibility • OSRI enters into official partnership with co-sponsors, and contract with InnoCentive • InnoCentive holds ‘idea generation workshop’ in Alaska to help us define and hone the problem statement(s) • InnoCentive goes to conferences, advertises in journals…