A Conjecture on Institutional Rationalities and Property Rights in Public Procurement of Innovation

Robert Ågren, Max Rolfstam

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

The increased interest in using public procurement as a policy
tool for innovation has renewed a need for understanding the
procurement process. A conjecture on institutional rationalities
and property rights is offered to explain the hurdles present
for conducting successful procurement projects. If an
efficient negotiation solution is to be achieved participants in
procurement projects need to be aware of the other participants’
institutional rationalities and actively consider these
while concluding the terms of procurement projects. Consequently,
future policy efforts towards increased innovation
have to be targeting the process of public procurement of innovation,
rather than focusing on regulatory issues.
Original languageEnglish
Article number3990994
JournalRivista di Politica Economica
VolumeCII
Issue numberApril/ June
Pages (from-to)137-157
ISSN0035-6468
Publication statusPublished - 2013

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Public procurement
Property rights
Procurement
Rationality
Innovation
Targeting

Cite this

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title = "A Conjecture on Institutional Rationalities and Property Rights in Public Procurement of Innovation",
abstract = "The increased interest in using public procurement as a policytool for innovation has renewed a need for understanding theprocurement process. A conjecture on institutional rationalitiesand property rights is offered to explain the hurdles presentfor conducting successful procurement projects. If anefficient negotiation solution is to be achieved participants inprocurement projects need to be aware of the other participants’institutional rationalities and actively consider thesewhile concluding the terms of procurement projects. Consequently,future policy efforts towards increased innovationhave to be targeting the process of public procurement of innovation,rather than focusing on regulatory issues.",
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A Conjecture on Institutional Rationalities and Property Rights in Public Procurement of Innovation. / Ågren, Robert; Rolfstam, Max.

In: Rivista di Politica Economica, Vol. CII, No. April/ June, 3990994, 2013, p. 137-157.

Research output: Contribution to journalJournal articleResearchpeer-review

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AU - Rolfstam, Max

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N2 - The increased interest in using public procurement as a policytool for innovation has renewed a need for understanding theprocurement process. A conjecture on institutional rationalitiesand property rights is offered to explain the hurdles presentfor conducting successful procurement projects. If anefficient negotiation solution is to be achieved participants inprocurement projects need to be aware of the other participants’institutional rationalities and actively consider thesewhile concluding the terms of procurement projects. Consequently,future policy efforts towards increased innovationhave to be targeting the process of public procurement of innovation,rather than focusing on regulatory issues.

AB - The increased interest in using public procurement as a policytool for innovation has renewed a need for understanding theprocurement process. A conjecture on institutional rationalitiesand property rights is offered to explain the hurdles presentfor conducting successful procurement projects. If anefficient negotiation solution is to be achieved participants inprocurement projects need to be aware of the other participants’institutional rationalities and actively consider thesewhile concluding the terms of procurement projects. Consequently,future policy efforts towards increased innovationhave to be targeting the process of public procurement of innovation,rather than focusing on regulatory issues.

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JF - Rivista di Politica Economica

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