Advantages and disadvantages of prizes in a portfolio of financial incentives for space activities

Publication Type  Journal Article
Authors  Macauley, M. K.
Year  2005
Name of Journal  Space Policy
Volume  21
Number  2
Pages  121-128
Abstract  The National Aeronautics and Space Administration (NASA) has proposed to use financial prizes to encourage innovation in space technology. Public debate about the use of prizes questions their effectiveness, the role of government compared with the private sector in administering prizes - for example, the Ansari X-Prize for human suborbital flight was privately funded and administered - and other issues that are likely to influence the success of this approach.
DOI  10.1016/j.spacepol.2005.02.004
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