Lemelson-MIT Prize

The $500,000 Lemelson-MIT Prize recognizes individuals who translate their ideas into inventions and innovations that improve the world in which we live.

Dubbed the "Oscar for Inventors," the Lemelson-MIT Prize is awarded to outstanding mid-career inventors who have developed a patented product or process of significant value to society, which has been adopted for practical use or has a high probability of being adopted. By recognizing and funding younger mid-career inventors, the prize is designed to spur inventive careers and provide role models for future generations of inventors.

The Lemelson-MIT Prize seeks to highlight the pivotal role inventive activity plays in the achievement of positive social, cultural, and economic goals. The prize aims to:

  • Recognize and reward America’s outstanding mid-career inventors.
  • Encourage broad dissemination of invention(s) to achieve maximum impact.
  • Celebrate individuals who enhance economic opportunity and community well-being through their inventive work.
  • Foster continued inventive work that creates opportunities and overcomes challenges.
  • Increase awareness of the work of inventors and the potential for commercialization and wider adoption of their inventions.
  • Promote role models who can inspire young people to pursue creative lives and careers.

Lemelson-MIT Prize website

MFIN STUDENT TAKE Collective Brainpower

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Tiffany Wetherell
MFin
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Ramy Hakim
MBA
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Lia Cavalcante
MBA
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Ted Chan
MBA
SWITZER FELLOWSHIP WINNER JASON JAY Focusing on environmental research and leadership

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Jason Jay
Lecturer, Sustainability, MIT Sloan
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“We’re very interdisciplinary. Among the faculty in the group are an economist, a political scientist, a sociologist, and an industrial relations specialist. We’ve always made a big effort to be open to a variety of perspectives, but also to go beyond being open to them, to want to bring them in, because it makes for a richer environment.”

Thomas Kochan
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MSTIR MIT Sloan Teaching Innovations Resources
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John D. Sterman
Jay W. Forrester Professor of Management
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Kyle Maner
MBA
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Katie Baron
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Ian Lavery
MBA
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Kelsey McCarty
MBA
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MBA, co-president of Retail and Consumer Goods Club
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Libby Putman
MBA
G-LAB: AIDS IN TANZANIA Striving for economic empowerment

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Krishna Venugopalan
SF
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Jeanne W. Ross
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Abner Oliviera
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Don Rosenfield
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Natanel Barookhian
MBA
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MBA
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Camilo Syllos
MBA
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Anne Reilly
MBA

“For 35 years we’ve been studying how companies get value from information. We try to help organizations take a more holistic view of what they are trying to do.”

- Jeanne W. Ross
Director and Principal Research Scientist, Center for Information Systems Research