Advanced

Policy Implications

Edquist, Charles LU ; Hommen, Leif LU and Tsipouri, Lena (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:
author
; and
publishing date
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
978-1-4615-4611-5
0-7923-8685-X
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         = {978-1-4615-4611-5},
  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},
}