How a Contest Can Encourage Ingenuity

In Taiwan, for two days, people whose name was “salmon” (and five of their friends) got all-you-can-eat sushi. Offered by a sushi restaurant chain, the promotion created “salmon chaos.” Because you just needed an identity card that included “gui yu” (the…

Innovation: The Cotton Gin, Speed Dating, and the Patent System

After graduating from Yale with no family fortune, Eli Whitney headed South to become a tutor in 1792. In the right place at the right time, he saw the missing link in cotton production. Whitney realized that the US cotton crop…