Public procurement accounts for a significant proportion of overall demand for goods and services and is increasingly seen as an attractive and feasible instrument for furthering the goals of innovation policy. However, public procurement is already expected to address a wide range of social...

Der vorliegende Tagungsband „Arbeitsgemeinschaften für Planung und Bau – Perspektivenfür Sachsen“ fasst die wichtigsten Ergebnisse eines im Rahmen des Programms „InnovationswettbewerbWirtschaft trifft Wissenschaft“ geförderten Projekts zusammen.1 DieZielstellung des Projektes...

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...