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The United Nations Commission on International Trade Law (UNCITRAL) has commissioned a working group, with delegations from many industrialized and developing nations, to reform and update the UNCITRAL Model Law on Procurement of Goods, Construction and Services. The working group is currently...
Persistent link: https://www.econbiz.de/10014057594
Governments may exclude vendors from procurement awards for many reasons, including poor performance and corruption. Excluding a vendor, whether from a particular procurement (deciding that the vendor is not qualified for award) or from an entire procurement system (suspending or debarring the...
Persistent link: https://www.econbiz.de/10014105197
This paper attempts a concise comparison of the rules applicable to the rejection of abnormally low and non-compliant tenders in a number of EU jurisdictions (namely, Denmark, France, Germany, Italy, Poland, Romania, Spain and the United Kingdom). In order to set the common ground for the...
Persistent link: https://www.econbiz.de/10013083459
This article reports on the United Nations Commission on International Trade Law (UNCITRAL) review of electronic reverse auctions in procurement systems around the world. The article describes the U.S. experience, including the stalled regulatory initiative regarding reverse auctions. Drawing on...
Persistent link: https://www.econbiz.de/10014065286
This paper contrasts two auction formats often used in public procurement: first price auctions with ex-post screening of bid responsiveness and average bid auctions, in which the bidder closest to the average bid wins. The equilibrium analysis reveals that their ranking is ambiguous in terms of...
Persistent link: https://www.econbiz.de/10012842185
The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry in 2003. The paper considers the approach advanced by Mohnen and and Röller [European Economic Review, 2005] that focuses on supermodularity and submodularity tests for...
Persistent link: https://www.econbiz.de/10003883864
The global innovation environment is undergoing major changes. Driven by its entrepreneurship policy, China's innovation level has gradually improved, but the regional gap remains large. As previous studies mainly focused on the net impact of entrepreneurship policy on innovation, knowledge on...
Persistent link: https://www.econbiz.de/10013449332
The question of protecting intellectual property rights by academic inventors was never seriously contemplated until the introduction of the Bayh-Dole Act in 1980 in the US. The Act allowed universities to retain patent rights over inventions arising out of federally-funded research and to...
Persistent link: https://www.econbiz.de/10003934753
Ever since its introduction in the 1990s, the systems of innovations (SI) concept has received a great deal of attention from researchers and politicians. The systems of innovation policy (SIP) approach, which is based on the SI concept, is considered an alternative to neoclassical theory. Its...
Persistent link: https://www.econbiz.de/10003833109
China's proclaimed aim of becoming the world's leader in science, technology and innovation by the mid twenty first century has triggered an intense competition with the United States. The latter, feeling threatened in its supremacy in this field, has reacted forcefully. This GLO Discussion...
Persistent link: https://www.econbiz.de/10012203007