There is some success with this kind of strategy already when it comes to space, LHS and ITER come to mind. NASA is somewhat operating on this very same principle although it is a government organization to begin with.
Although the opposite reaction is that you should keep people behind inventions poor to encourage them to create more inventions which ultimately what ends up happening in the real world more often than not. The people who revolutioned the world did get fame and glory, including numerous monetary compensation packages - but compared to the people who sold those inventions they only got a tiny fraction of a fraction, this is especially clear with people who are normal employees and inventions are credited to a company rather than the few people who made it possible.