“Innocentive” – a web based “open innovation” tool to facilitate problem solving and facilitate recruitment.

Companies contract with Innocentive as “seekers” to post R&D challenges. scientists register as “solvers” to review challenges and submit solutions online. The Company then reviews submissions and selects the best solution and awards the winning scientist / solver.

Over 1000 challenges posted to date… over 5 Million $$$ awarded!
http://www.innocentive.com/