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Innovation competitions are the next big thing. Here are 8 ways to make them work

  • Written by Olga Kokshagina, Researcher - Innovation & Entrepreneurship, RMIT University
Innovation competitions are the next big thing. Here are 8 ways to make them workLeonardo da Vinci sketches. He invented the pulley, the parachute and the water-powered mill. None were patented.Shutterstock

For centuries, human beings have relied on patents to encourage and protect innovation.

The electric light was patented, the phonograph, television, WiFi and Nespresso capsules.

But many inventions were not: matches, vaccinat...

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