Volume 5, Issue 1, June 2019, Page: 15-22
Research and Implications on OECD Governments’ Procurement Policy to Promote Technology Innovation
Zhao Yu, School of Public Finance and Tax, Central University of Finance and Economics, Beijing, China
Received: Jan. 24, 2019;       Accepted: Mar. 26, 2019;       Published: Apr. 18, 2019
DOI: 10.11648/j.ijsmit.20190501.13      View  42      Downloads  7
Abstract
Government procurement has great advantages in reducing the uncertainty of innovation, expanding the demand for innovative products, making up for the positive externalities of innovation, and improving the quality of public services, which can directly promote innovation. The use of government procurement to promote innovation is a common practice in many OECD countries. These countries have developed legal or policy tools to ensure that government procurement fully promotes innovation, and integrate innovation goals with other policy goals to better address social challenges. However, in recent years, China has not attached importance to the role of government procurement in promoting innovation, which is not conducive to the development of innovation. By learning from the experience of OECD countries, China should restore and improve the policy design to make it more operable and integrate the goal of promoting innovation into other social goals.
Keywords
Government Procurement, Independent Innovation, OECD, Policy Implications
To cite this article
Zhao Yu, Research and Implications on OECD Governments’ Procurement Policy to Promote Technology Innovation, International Journal of Sustainability Management and Information Technologies. Vol. 5, No. 1, 2019, pp. 15-22. doi: 10.11648/j.ijsmit.20190501.13
Copyright
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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