Top 10 Innovation Competitions

In modern societies everyone is enabled to create the next big thing. Innovation competitions encourage independent experts from various industries to take a part in managing innovation challenges. By definition, innovation competition is an attempt by independent agents to solve an innovation challenge of a certain company.

The list of Top 10 Innovation Competitions was created based on the following criteria.

The Innovation Competition must:

  1. Have more impactful and powerful outcome/solution, than an output of product development process for corporate clients;
  2. Request for breakthrough and disruptive innovations, while incremental innovation might come as an additional option;
  3. Apply crowdsourcing practices;
  4. Have well-established mentorship and leadership program;
  5. Be regionally or globally acknowledged and authoritative competition.

 

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