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

Author

Listed:
  • Nicola Dimitri

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

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.

Suggested Citation

  • Nicola Dimitri, 2012. "Some Law & Economics Considerations on the EU Pre-Commercial Procurement of Innovation," Working Papers 2012/10, Maastricht School of Management.
  • Handle: RePEc:msm:wpaper:2012/10
    as

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    File URL: http://web2.msm.nl/RePEc/msm/wpaper/MSM-WP2012-10.pdf
    File Function: First version, 2012
    Download Restriction: no

    References listed on IDEAS

    as
    1. Konrad, Kai A., 2009. "Strategy and Dynamics in Contests," OUP Catalogue, Oxford University Press, number 9780199549603.
    2. Baye, Michael R & Kovenock, Dan & de Vries, Casper G, 1993. "Rigging the Lobbying Process: An Application of the All-Pay Auction," American Economic Review, American Economic Association, vol. 83(1), pages 289-294, March.
    3. Dan Kovenock & Michael R. Baye & Casper G. de Vries, 1996. "The all-pay auction with complete information (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 291-305.
    4. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Innovation; Public Procurement; Pre-Commercial Solutions;

    JEL classification:

    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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