Public Procurement of Innovation: Selection of the Sustainable Alternative
The European Union has been highly emphasising the role of public procurement for innovation as a policy instrument that can be used to stimulate sustainable development. This development reflects and responds to improvements in social welfare, growth of entrepreneurship and of national competitive...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2019-01-01
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Series: | Economics and Business |
Subjects: | |
Online Access: | https://doi.org/10.2478/eb-2019-0017 |
Summary: | The European Union has been highly emphasising the role of public procurement for innovation as a policy instrument that can be used to stimulate sustainable development. This development reflects and responds to improvements in social welfare, growth of entrepreneurship and of national competitive advantage. In the process of selection, the awarding tender public procurement institutions lack an overall approach for choosing the most advantageous and sustainable innovation alternative. To contribute purchasing of innovative solutions, the present paper elaborates a framework of innovation measurement and quality evaluation. Thus, it makes possible to assess proposals from different aspects and to choose the most valuable offer notwithstanding the lowest price criteria. |
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ISSN: | 1407-7337 2256-0394 |