What is an InnoCentive Theoretical Challenge?

A feasible design that may not yet be reduced to practice. A solution to a Theoretical Challenge will solidify the Solver’s concept with detailed descriptions, specifications, supporting precedents, and requirements necessary to bringing a good idea closer to becoming an actual product, technical solution, or service. A Solver can expect a substantial financial reward if their submission is chosen as the winning solution by the Seeker, but an award need only be made if all the Challenge criteria are met.  Depending on the Challenge requirements, Solvers will be required to either transfer or license the intellectual property (IP) in their solutions to the Seeker.