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Pantilimon Voda, Oana S. --- "Innovative and sustainable procurement: framework, constraints and policies" [2016] ELECD 924; in Bovis, Christopher (ed), "Research Handbook on EU Public Procurement Law" (Edward Elgar Publishing, 2016) 215

Book Title: Research Handbook on EU Public Procurement Law

Editor(s): Bovis, Christopher

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781781953259

Section: Chapter 7

Section Title: Innovative and sustainable procurement: framework, constraints and policies

Author(s): Pantilimon Voda, Oana S.

Number of pages: 29

Abstract/Description:

In cases where no solutions yet exist on the market, innovative procurement enables public purchasers to get technologically innovative solutions developed according to their specific needs. By steering product development upstream in the product development process, public purchasers are better positioned to improve the quality, effectiveness and efficiency of their public services, while the private business sector operates within an increasingly competitive environment. Such an approach contributes to achieving better value for money as well as wider economic, environmental and societal benefits in terms of generating new ideas, translating them into innovative products and services and thus promoting sustainable growth. European competitiveness in the global marketplace is a top priority for Europe. The European Union strongly supports the public procurement of innovative and sustainable solutions through a number of policy documents linked to the Europe 2020 strategy for smart, sustainable and inclusive growth. Instrumental in achieving this objective is to enhance European innovation. A renewed emphasis on innovation as an instrument of industrial policy was developed at the end of the 20th century as a result of an increasingly competitive nature of the international economic arena and the correlated structural changes. Furthermore, in the context of the now-obsolete Lisbon Agenda, the European Union undertook the goal of becoming the most competitive and dynamic knowledge-based economy worldwide.