| 摘要 |
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.
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