Faculty News | Wall Street Journal | 14
Mar
2012
Prizes Abound but Best Path to Tech Innovation Is Unclear
Re: Josh Lerner
"There is an appetite for exploring fresh approaches," says Josh Lerner, a professor at Harvard Business School. He is a co-author of recent research that found competitions can have a positive effect on innovation, based on an increase in patents awarded when the 19th century Royal Agricultural Society of England held competitions for agricultural innovations like new reaping techniques.