Radical Innovation & Long-Term Investment
The Panmure House Prize is an annual award of US$75,000 for research that explores the relationship between long-term thinking and radical innovation. The Prize is awarded to emerging leaders in academia and enables research that embodies Adam Smith's own approach to rigorous empiricism and long-term, inter-disciplinary thinking.
The Prize is open to academics in and across all disciplines whose nominations are shortlisted and judged by our specially appointed Panmure House Prize Panel. The Prize is administrated in partnership with FCLTGlobal, and supported by Baillie Gifford.
Prize winners utilise the award to conduct research from their home institution, working to publicise and publish their findings widely within peer-reviewed journals, national and international press, as well as curating first-look updates and interactive sessions here on the Panmure House website.
The 2024 award is now open for submission.
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Labour alone […] never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only.
The Wealth Of Nations, Book I, Chapter V