Jeff Ubois interviews Thomas Kalil of Schmidt Futures (a philanthropic initiative founded by Eric and Wendy Schmidt) about how calls to solve big problems through competitions can, when done right, galvanize innovation.
At The Lemelson Foundation, we seek to foster inventions that will have social impact and improve lives. But our support for early-stage innovation could not succeed without a trusted network of grantees and partners.
The legal and logistical challenges to hosting a competition are surmountable, but they require proper planning and due diligence.
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