EconPapers    
Economics at your fingertips  
 

Public Procurement for Innovation: Economic and Strategic Terms on the Supply-Side of the Market

Carolina Azedo-Morais

International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 6, 3211-3228

Abstract: Public procurement for innovation can be seen as a tool that encourages public sector modernization, drives strategic policy objectives, promotes readiness for technology commercialization, and acts as a catalyst for the creation of new R&D-intensive markets (Research and Development). In addition to the emphasis on public user-supplier interaction and the recognition that the search for innovations greatly impacts the efficiency of the public sector, there are economic and strategic conditions that must be analyzed and framed from a holistic point of view. Through a contextual approach, this article considers the motivation and economic logic of the supply side – i.e., innovators – to participate in an innovation public procurement procedure, as well as the scope for an effective public procurement policy. Conclusions are presented that strategically contextualize the terms, benefits and risks associated with the participation of companies / innovators in public procurement, as well as some inefficiencies to be avoided and mitigated in the innovation system, through public innovation policies aimed at the medium-long term.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijriss/ ... ssue-6/3211-3228.pdf (application/pdf)
https://rsisinternational.org/journals/ijriss/arti ... -side-of-the-market/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:9:y:2025:issue-6:p:3211-3228

Access Statistics for this article

International Journal of Research and Innovation in Social Science is currently edited by Dr. Nidhi Malhan

More articles in International Journal of Research and Innovation in Social Science from International Journal of Research and Innovation in Social Science (IJRISS)
Bibliographic data for series maintained by Dr. Pawan Verma ().

 
Page updated 2025-08-07
Handle: RePEc:bcp:journl:v:9:y:2025:issue-6:p:3211-3228