Innovation Procurement
From Open Risk Manual
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