Robust relation between public procurement for innovation and economic development
Nuno Bento,
Cristina Sousa,
Paula Trindade,
Ricardo Paes Mamede,
Margarida Fontes and
Tiago Alves
Economics Letters, 2022, vol. 211, issue C
Abstract:
We found a solid and robust relationship between the share of public procurement for innovation (PPI) in public procurement and GDP per capita for 30 European countries. The share of PPI is highly associated with determinants from “demand pull” as well as “supply push”. These findings open new opportunities for the study of the drivers of public procurement for innovation. The study also provides a new methodology for benchmarking.
Keywords: Public procurement for innovation; Productivity; Innovation; Cross-country comparisons (search for similar items in EconPapers)
JEL-codes: O38 O47 O57 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:211:y:2022:i:c:s0165176521004766
DOI: 10.1016/j.econlet.2021.110241
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