X PRIZE Workshop: Grand Challenges in Energy: Lec 15 | ESD.172J (Lecture 1 of 1)

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In 2004, the Ansari X PRIZE for suborbital spaceflight captured the public's imagination and revolutionized an industry, leveraging a $10M prize purse into over $100M in innovation. Building from that success, the X PRIZE Foundation is now developing new prizes to focus innovation around "Grand Challenge" themes, including genomics, energy, healthcare, and education. This course will examine the intersection of incentives and innovation, drawing on economic models, historic examples, and recent experience of the X PRIZE Foundation to help develop a future prize in Energy Storage Technologies. View the complete course at: http://ocw.mit.edu/courses/engineering-systems-division/esd-172j-x-prize-workshop-grand-challenges-in-energy-fall-2009/CourseHome/index.htm License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
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