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Elizabeth Thurbon ()
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Elizabeth Thurbon: The University of New South Wales

Chapter Chapter 3 in Public Procurement, Innovation and Policy, 2014, pp 35-63 from Springer

Abstract: Abstract Over the past decade, a host of new economic challenges have fuelled calls in Australia for a more strategic approach to innovation policy, perceived by many as central to restoring the nation’s techno-industrial competitiveness. Recent reforms to this end have been promising, with public procurement emerging as a key policy instrument in the government’s quest to improve the innovative capacity of local firms. In this chapter, we document the efforts underway to redress long-standing obstacles to the deployment of public purchasing as a techno-industrial upgrading device: from an entrenched ‘buy-non-Australian’ bias and risk-averse procurement culture; to complex and costly tender processes that discourage innovative offerings; to intellectual property laws that sap companies’ innovative spirit, to name a few. But while recent regulatory and policy shifts are impressive on paper, the extent to which they will translate into meaningful changes in public-procurement practices, and thus to the innovative activities of local companies, remains to be seen.

Keywords: Global Financial Crisis; Local Firm; Industry Policy; Public Procurement; Australian Government (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40258-6_3

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DOI: 10.1007/978-3-642-40258-6_3

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