Is the market price dropping for crowdsourced, industry-shaking ideas, even as demand for them grows? Where companies once thought they needed to dangle million-dollar prizes to get people interested in crowdsourced big-data challenges, lately we're seeing more-modest sums.
The latest innovation challenge was announced on Tuesday, setting the ambitious goal of solving the most daunting data problems in U.S. healthcare. Called the Care Transformation Prize, the competition will award at least three quarterly sums of $100,000 each, with the prospect of more after that.
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