Stanford psychology Professor Carol Dweck was named a recipient of the inaugural Yidan Prize on Tuesday and will receive approximately $4 million in recognition of her innovative contributions to education and to fund future research initiatives.

The Yidan Prize is the world’s largest international prize in education research and development. The award was founded by Charles Chen Yidan, a Chinese tech entrepreneur and philanthropist.

“I’m thrilled and honored to be the inaugural recipient of this amazing prize,” Dweck said. “It will allow us to take our work forward and continue to innovate – to develop even more effective interventions for students and more effective materials for teachers to use in classrooms. I couldn’t be more excited.”

Awardees were selected by an independent judging committee focusing on four major criteria: sustainability, future-orientation, innovation and transformation.

Read the entire Stanford News Story by Milenko Martinovich HERE

See Carol Dweck’s talk from the #mediaX2014 Conference: Mindset as Context for the Internet of Everything