<h1>Organizers must publish clear contest rules on intellectual property, prize taxation, and dispute resolution to avoid legal risks</h1> A tractor manufacturer conducted a national innovation contest soliciting 16,000+ entries and selecting 12 finalists to award a new tractor, precious-metal prizes, grants and internships after evaluation by an expert jury. The announcement confirms prize values and institutional awards but does not disclose contest terms governing intellectual property, assignment/licensing of submitted inventions, tax treatment of prizes, or dispute resolution procedures. From a legal perspective, organizers should ensure clear published rules on IP ownership/licensing, prize taxation and reporting, regulatory compliance for contests, and transparent selection procedures to mitigate claims of unfairness or misrepresentation; participants should retain records of submissions and review the terms before accepting prizes.