Timmermans, Bram1; Zabala-Iturriagagoitia, Jon Mikel5
1 Innovation, Knowledge, and Economic Dynamics, The Faculty of Social Sciences, Aalborg University, VBN2 Department of Business and Management, The Faculty of Social Sciences, Aalborg University, VBN3 Entrepreneurship and Organizational Behavior, The Faculty of Social Sciences, Aalborg University, VBN4 The Faculty of Social Sciences, Aalborg University, VBN5 Deusto Business School
A way to stimulate entrepreneurship through Public Procurement for Innovation
Public procurement for innovation is a matter of using public demand to trigger innovation. Empirical studies have demonstrated that demand-based policy instruments can be considered to be a powerful tool in stimulating innovative processes among existing firms; however, the existing literature has not focused on the role this policy instrument can play in the promotion of (knowledge-intensive) entrepreneurship. This paper investigates this link in more detail and introduces the concept of coordinated unbundling as a strategy that can facilitate this purpose. We also present a framework on how to organise public procurement for innovation around this unbundling strategy and provide a set of challenges that need to be addressed.
Science and Public Policy, 2013, Vol 40, Issue 5, p. 674-685