System and method for investment model for formation of...

G - Physics – 06 – Q

Patent

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G06Q 40/06 (2012.01)

Patent

CA 2699902

A method for fostering technological innovation utilizing a competitive format is disclosed. The method includes establishing a contest entity organized to achieve a desired goal, organizing a financing entity to finance a prize associated with the contest entity, recruiting competitors to compete to achieve the desired goal, and establishing a compensation obligation between a plurality of competitors and the financing entity, such that each of the plurality of competitors assumes responsibility for the compensation obligation in order to compete to achieve the desired goal.

L'invention concerne un procédé pour favoriser une innovation technologique par l'utilisation d'un format compétitif. Le procédé comprend l'établissement d'une entité de concours organisée pour atteindre un but souhaité, l'organisation d'une entité de financement pour financer un prix associé à l'entité de concours, le recrutement de concurrents pour concourir pour atteindre le but souhaité, et l'établissement d'une obligation de compensation entre une pluralité de concurrents et l'entité de financement, de sorte que chacun de la pluralité de concurrents assume la responsabilité pour l'obligation de compensation afin de concourir pour atteindre le but souhaité.

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