Public Procurement of Innovation: Selection of the Sustainable Alternative

Authors

  • Viktorija Babica Riga Technical University
  • Deniss Sceulovs Riga Technical University

DOI:

https://doi.org/10.2478/eb-2019-0017

Keywords:

Best tender, innovation, innovation evaluation, public procurement, public procurement of innovation, sustainable innovation, quality

Abstract

The European Union has been highly emphasising the role of public procurement for innovation as a policy instrument that can be used to stimulate sustainable development. This development reflects and responds to improvements in social welfare, growth of entrepreneurship and of national competitive advantage. In the process of selection, the awarding tender public procurement institutions lack an overall approach for choosing the most advantageous and sustainable innovation alternative. To contribute purchasing of innovative solutions, the present paper elaborates a framework of innovation measurement and quality evaluation. Thus, it makes possible to assess proposals from different aspects and to choose the most valuable offer notwithstanding the lowest price criteria.

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Published

13.12.2019

How to Cite

Babica, V., & Sceulovs, D. (2019). Public Procurement of Innovation: Selection of the Sustainable Alternative. Economics and Business, 33, 233-246. https://doi.org/10.2478/eb-2019-0017