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The role of public procurement in the formation of markets for innovation

Author

Listed:
  • Mercedes Bleda

    (MIoIR - Manchester Institute of Innovation Research - MBS - Manchester Business School)

  • Julien Chicot

    (GAEL - Laboratoire d'Economie Appliquée de Grenoble - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique - UGA [2016-2019] - Université Grenoble Alpes [2016-2019], JIPP - Joint Institute for Innovation Policy - JIPP)

Abstract

In this work we analyse the ways in which public procurement can encourage business innovation by supporting the formation of markets for new products, technologies and services. We use an evolutionary analytical framework in which markets for innovation are defined as dynamic complex systems whose function is the creation and coordination of knowledge as they develop over time. We show that public procurement has a key role in supporting this function throughout all the stages in the process of market development, and identify specific tools and actions that can be implemented at different phases of the procurement cycle to do so. We illustrate the main conceptual arguments of our analysis with examples from existing case studies on the public procurement of innovations.

Suggested Citation

  • Mercedes Bleda & Julien Chicot, 2019. "The role of public procurement in the formation of markets for innovation," Post-Print hal-02057816, HAL.
    • Handle: RePEc:hal:journl:hal-02057816
    DOI: 10.1016/j.jbusres.2018.11.032
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