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Science prizes like VinFuture are catalysts for innovation

VTC NewsVTC News25/05/2023


Faith in science is growing

Every October, the Nobel Prizes become the focus of the world . While we can predict which fields will be honored at the award ceremony, I often do not know about the side stories, journeys and hidden corners of the outstanding scientists - Nobel Prize winners have gone through.

These stories are often inspirational and surprising, serving as a powerful reminder that while science has come a long way, nature still holds many mysteries waiting for us to discover .

The Nobel Prize and other global science awards play a vital role in celebrating outstanding scientific achievement and innovation. This is all the more important as scientific breakthroughs are helping us find solutions to some of the biggest problems facing humanity, such as disease and climate change.

Recognition of scientific achievement through awards is important for individuals and research groups, and is also essential in increasing the visibility of innovations outside the scientific community. However, the link between discovery and impact is not always clearly communicated to the public.

Science prizes like VinFuture are catalysts for innovation - 1

Members of the VinFuture Prize Council during an exchange with young Vietnamese scientists and students on December 18, 2022.

A notable exception is the development of a COVID-19 vaccine, which took place in record time and was recognized by various awards globally. Public interest in science during that period was enormous as the world sought to escape the pandemic.

Not only that, but the global media attention to these breakthroughs has contributed to a strengthening of the relationship between the public and the scientific community. A recent survey by the Genetics Society in the UK, which collected opinions from more than 2,000 adults, found that trust in science, and especially genetics, has increased significantly during the pandemic.

This trust is important if we want to apply research to real-life situations, especially when community participation is needed, such as in vaccine deployment.

The motivational mission of the VinFuture Prize

In addition to announcing specific works, global awards also carry another equally important mission: to motivate, energize and inspire future innovators.

Prize money can also be used to finance, whether awarded to individuals or labs. The money can be reinvested in research, supporting teams working on additional projects, or projects with high potential for profit but high risk.

I am the Chairman of the VinFuture Prize Council – a global prize established in 2020 to honor scientific research and innovation that brings direct and widespread benefits to humanity. The VinFuture Prize is now accepting nominations for its third year, with a Main Prize worth $3 million and three Special Prizes, each worth $500,000.

Science prizes like VinFuture are catalysts for innovation - 2

The main winners of VinFuture 2022 during the exchange with VinUni students on December 21, 2022.

One of the unique features of the VinFuture Prize is that there is no limit to the number of authors who can be the main contributors to the project. This is important because many major breakthroughs that create global impact require the collaboration of many different members. Each person is important, but they create a stronger impact when working together.

This is reflected in the main prizes that VinFuture will award in 2021 and 2022, honoring significant contributions to the development of mRNA technology in COVID-19 vaccines and research on global network technology. With the main prize in 2022, we honored 5 scientists.

One of the goals of global awards like the VinFuture Prize is to honor achievements in emerging and promising fields, such as crystallographic compounds (linking molecules in 2D and 3D to create extended crystal structures) and AlphaFold 2 – an AI technology capable of modeling protein structures quickly and accurately.

The VinFuture Prize also recognizes the achievements of researchers in developing countries, because they often do not have the same exposure as their counterparts at larger academic institutions. For example, last year we recognized Thalappil Pradeep, a chemist at the Indian Institute of Technology Madras, who developed a low-cost water purification system to remove arsenic and other heavy metals from groundwater.

Despite scientific breakthroughs and continuous innovation that have had a profound impact, many projects remain underdeveloped and underutilized despite their potential to play a significant role in addressing global challenges.

Therefore, we need to mobilize all possible resources to encourage and inspire future scientists, because they are the ones who will create important innovative achievements, and scientific awards play a key role in that promotion effort.

Times Higher Education, headquartered in London, UK, is a leading prestigious magazine in the world in the field of higher and postgraduate education. It is a unit that evaluates and ranks higher and postgraduate education systems globally.

(According to Times Higher Education)


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