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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Public Procurement and Innovation: The Role of Institutions

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ISBN13: 9781849802871
Published: August 2013
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £80.00

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Max Rolfstam examines the increasing emphasis on public procurement as a means to stimulate innovation and the theoretical implications of this policy development. While 'regular' public procurement may be regarded as the outcome of anonymous market processes, public procurement of innovation must be understood as a special case of innovation, where social processes, and consequently the institutions governing these social processes, need to be considered. This book contributes to our understanding with a detailed institutional analysis of the public procurement of innovation. The author draws on an institutional framework that underscores the importance of conducting a multilevel institutional analysis. Unlike earlier studies that reduced public procurement challenges to a legal issue, this book offers insights of more holistic nature. Academics, students and researchers with an interest in innovation policy will find this book to be an informative and fascinating read. It will also provide an invaluable reference tool on how public procurement can be used as an innovation policy tool for policymakers at both national and EU levels.

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Public Procurement
1. Introduction 2. Public Procurement of Innovation Theory 3. Legal Institutions for Public Procurement of Innovation 4. Public Procurement of Innovation Diffusion 5. Public Procurement of Innovation as Collaboration 6. Public Procurement of Innovation as Endogenous - Exogenous Knowledge Conversion 7. Success Factors Public Procurement of Innovation 8. Concluding Remarks References Index