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‘and the Winner Is…’: Philanthropists and Governments Make Prizes Count

Posted on July 21, 2009 by McKinsey &Amp; Company

Philanthropists and governments have long used prizes to drive innovation and engagement to produce societal benefit, but the use of this powerful instrument is undergoing a renaissance. Philanthropic prizes are growing in number and size, are appearing in new forms, and are being applied to a wider range of societal objectives by a wider range of sponsors than ever before… Read More

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