Long-term thinking and radical innovation
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 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 2023 awards cycle closed in April 2023. Please visit us again in December 2023 for the opening round of the 2024 prize.
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The Panmure House Prize in 15 seconds
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