This site has a great deal of open challanges in almost all the areas of intrest. More importantly each of the challenge is accompanied with a reward, obvious driving force. So the crux is that innovation is not restricted to 4-walls any longer. Here is the open community, open science, open research and open solution, where any one can post their challanges and invite everyonelse to solve it...
http://www.innocentive.com/
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