Public and private organizations are transitioning from buying or selling products to procuring or selling complex, long-term integrated solutions consisting of bun-dles of interrelated products and services (Wise and Baumgartner, 1999; Davies et al., 2007). In response to an increasing demand for...

Defence procurement is the process through which authorities in the field of defence and security acquire various goods, services or works they need in order to perform their duties and missions. Defence procurement constitutes a noticeable segment of public procurement in the European Union....

There is agreement within industrial organisation economics that an inverted U-shape relationship exists between the level of competition in an industry and the level of innovation in that industry. Thus, when consolidation changes the level of competition in an industry we might expect this to...