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Racing The Blue Monarch - Lap by Lap Notes

Incentive prizes Past, Present & Futuristic

April 22, 2015

Tags: incentive, prize, Society of Arts, X-prize, invention, Michael J. Daley, innovation, Industrial Revolution, pre-industrial, contest, challenge, Xtreme, Racing the Blue Monarch, imagination, gasket heads, amp heads, racing, technological, mechanical, LaGrange point, space, self-publishing

The encouragement of invention and innovation though incentives has a long history going at least as far back as pre-industrial society, according to Brooke Hindle in his fascinating book, EMMULATION AND INVENTION. Certainly, the X-prizes of today can be traced directly back to the English Society of Arts formed in 1754. The Society's full title (more…)

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