Acton Institute Powerblog Archives

Post Tagged 'innovation'

‘X’ Marks the Spot

In a recent issue of Business 2.0 magazine, we are told that X Prize founder Peter Diamandis is expanding his X Prize Foundation to address new areas of innovation. The first Ansari X Prize included a $10 million purse for the first private spaceflight. Continue Reading...

Scarcity and Innovation

“Throughout history, shortages of vital resources have driven innovation, and energy has often starred in these technological dramas. The desperate search for new sources of energy and new materials has frequently produced remarkable advances that no one could have imagined when the shortage first became evident.” Continue Reading...

Millennium technology prize 2006

The world’s largest prize for technological innovation was awarded this year to Professor Shuji Nakamura, currently at the University of California Santa Barbara, for his development of bright-blue, green and white LEDs and a blue laser. Continue Reading...