Review of Pre-commercial Procurement Approaches and Effects on Innovation (original) (raw)

AI-generated Abstract

This report provides a comprehensive review of pre-commercial procurement (PCP) approaches and their effects on innovation, distinguishing them from other forms like procurement of innovation (PPI). It outlines the rationale, implementation, and impact of PCP, emphasizing benefits such as reduced market failures, enhanced public service quality, and broader access for small firms and minorities. The report concludes with observations on how PCP can contribute to economic growth and social cohesion through increased innovation.

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