Innovation Procurement

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Definition

Innovation Procurement' is an umbrella term for procurement that delivers solutions to challenges of public interest - covering both

innovation (PPI) (for the procurement of solutions that are nearly or already in small quantity in the market and do not need new R&D), and
pre-commercial procurement (PCP) (when there are no near-to-the-market solutions yet and new R&D is needed) ^[1]

References

↑ The Procura+ Manual, A Guide to Implementing Sustainable Procurement, 3rd Edition, ICLEI

www.ec.europa.eu/digital-single-market/en/innovation-procurement

[1] The Procura+ Manual, A Guide to Implementing Sustainable Procurement, 3rd Edition, ICLEI

[1]