Policy Implications
(2000)- Abstract
- Our investigation and analysis of public technology procurement has demonstrated that, as argued in Chapter 1 of this book, it is a concept with salient features. These distinguish it from other types of public procurement. With this particular type of procurement, policy makers are faced with new challenges. The reasons pursuing for public technology procurement, and consequently its processes and rules, are different from those of the usual, off-the-shelf, or ‘regular’, public procurement. Rules and procedures for conducting the latter kind of procurement are by now well tested and internationally established. But public technology procurement, as procurement under uncertainty, runs the risk of failing to meet the initial milestones set... (More)
- Our investigation and analysis of public technology procurement has demonstrated that, as argued in Chapter 1 of this book, it is a concept with salient features. These distinguish it from other types of public procurement. With this particular type of procurement, policy makers are faced with new challenges. The reasons pursuing for public technology procurement, and consequently its processes and rules, are different from those of the usual, off-the-shelf, or ‘regular’, public procurement. Rules and procedures for conducting the latter kind of procurement are by now well tested and internationally established. But public technology procurement, as procurement under uncertainty, runs the risk of failing to meet the initial milestones set for it. In particular, the chances of total failure are often much higher than the average decision maker in the public service would be willing to bear. Generally, utility managers and the public service are risk-averse. They therefore tend to disregard the likelihood of potential above-average (or even spectacular) returns, which can be realised in the form of social and economic benefits from the rapid introduction of technological change and its ‘spillover’ effects. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/cdd9179f-64dc-4f3b-a8c1-6d79c2c359e1
- author
- Edquist, Charles LU ; Hommen, Leif LU and Tsipouri, Lena
- publishing date
- 2000
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- host publication
- Public Technology Procurement and Innovation
- editor
- Edquist, Charles ; Hommen, L and Tsipouri, L
- pages
- 11 pages
- publisher
- Kluwer Academic Publishers
- ISBN
- 0-7923-8685-X
- 978-1-4615-4611-5
- DOI
- 10.1007/978-1-4615-4611-5_14
- language
- English
- LU publication?
- no
- id
- cdd9179f-64dc-4f3b-a8c1-6d79c2c359e1
- date added to LUP
- 2020-04-06 14:34:20
- date last changed
- 2020-04-09 11:50:46
@inbook{cdd9179f-64dc-4f3b-a8c1-6d79c2c359e1, abstract = {{Our investigation and analysis of public technology procurement has demonstrated that, as argued in Chapter 1 of this book, it is a concept with salient features. These distinguish it from other types of public procurement. With this particular type of procurement, policy makers are faced with new challenges. The reasons pursuing for public technology procurement, and consequently its processes and rules, are different from those of the usual, off-the-shelf, or ‘regular’, public procurement. Rules and procedures for conducting the latter kind of procurement are by now well tested and internationally established. But public technology procurement, as procurement under uncertainty, runs the risk of failing to meet the initial milestones set for it. In particular, the chances of total failure are often much higher than the average decision maker in the public service would be willing to bear. Generally, utility managers and the public service are risk-averse. They therefore tend to disregard the likelihood of potential above-average (or even spectacular) returns, which can be realised in the form of social and economic benefits from the rapid introduction of technological change and its ‘spillover’ effects.}}, author = {{Edquist, Charles and Hommen, Leif and Tsipouri, Lena}}, booktitle = {{Public Technology Procurement and Innovation}}, editor = {{Edquist, Charles and Hommen, L and Tsipouri, L}}, isbn = {{0-7923-8685-X}}, language = {{eng}}, publisher = {{Kluwer Academic Publishers}}, title = {{Policy Implications}}, url = {{http://dx.doi.org/10.1007/978-1-4615-4611-5_14}}, doi = {{10.1007/978-1-4615-4611-5_14}}, year = {{2000}}, }