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Some Law & Economics Considerations on the EU Pre-Commercial Procurement of Innovation

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  • Nicola Dimitri

    (University of Siena, Research Associate Maastricht School of Management)

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    Abstract

    According to the Lisbon Strategy innovation is considered to be a fundamental element for socio-economic growth in the EU. In particular, since it is estimated to count for about 16-18% of the European GDP, public procurement can be a driving force for this. To support this role in 2007 the EC enacted a Communication to introduce a legal framework for Pre-Commercial Procurement of innovative solutions in the public sector. In the paper we discuss some main Law & Economics issues related to such proposal.

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    File URL: http://web2.msm.nl/RePEc/msm/wpaper/MSM-WP2012-10.pdf
    File Function: First version, 2012
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    Bibliographic Info

    Paper provided by Maastricht School of Management in its series Working Papers with number 2012/10.

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    Length: 15 pages
    Date of creation: Aug 2012
    Date of revision:
    Handle: RePEc:msm:wpaper:2012/10

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    Related research

    Keywords: Innovation; Public Procurement; Pre-Commercial Solutions;

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    1. Richard L. Fullerton & Bruce G. Linster & Michael McKee & Stephen Slate, 2002. "Using Auctions To Reward Tournament Winners: Theory and Experimental Investigations," RAND Journal of Economics, The RAND Corporation, vol. 33(1), pages 62-84, Spring.
    2. Baye, M. & Kovenock, D. & Vries, C. de, 1990. "The All-Pay Auction with Complete Information," Discussion Paper 1990-51, Tilburg University, Center for Economic Research.
    3. Baye, M.R. & Kovenock, D. & De Vries, C.G., 1992. "Rigging the Lobbying Process: An Application of the All- Pay Auction," Papers 9-92-2, Pennsylvania State - Department of Economics.
    4. Konrad, Kai A., 2009. "Strategy and Dynamics in Contests," OUP Catalogue, Oxford University Press, number 9780199549603.
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