Federal Prize Competitions

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Description

This report discusses federal prize competitions, which are a tool for incentivizing the achievement of scientific and technological innovation by offering monetary and non-monetary benefits (e.g., recognition) to competition participants. Prize competitions have a long history of use in both the public and private sectors, but have gained popularity in recent years. This report describes the background and current trends of federal prize competitions, potential policy considerations, and legislation in the 115th Congress.

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18 pages.

Creation Information

Gallo, Marcy E. July 25, 2018.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this report can be viewed below.

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Description

This report discusses federal prize competitions, which are a tool for incentivizing the achievement of scientific and technological innovation by offering monetary and non-monetary benefits (e.g., recognition) to competition participants. Prize competitions have a long history of use in both the public and private sectors, but have gained popularity in recent years. This report describes the background and current trends of federal prize competitions, potential policy considerations, and legislation in the 115th Congress.

Physical Description

18 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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  • July 25, 2018

Added to The UNT Digital Library

  • Aug. 25, 2018, 3:54 p.m.

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Gallo, Marcy E. Federal Prize Competitions, report, July 25, 2018; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc1228524/: accessed December 14, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.