Substandard progression
- 2024
- 2023
Innovation in Procurement serves as a powerful tool to foster innovative solutions, support the growth of new ideas, and create an ecosystem where small businesses can implement their ideas for the public good. Public sector organisations and institutions can play a significant role in fostering entrepreneurial and innovation-based values through procurement practices, supporting open-source and tech transfer policies. Public procurement plays a significant role in the EU, having the potential to facilitate innovation through the public sector.
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Substandard 5.1 — Public Procurement Opportunities 1
To foster active participation of startups in the public procurement market, it is crucial to eliminate any disadvantage that startups might face due to the intrinsic differences between startups and other companies.
Substandard 5.2 — Intellectual Property Rights
Ownership of Intellectual Property Rights (IPR) is an important factor for startups and their growth. Rights transfer to a contracting company can act as a deterrent for startup participation, whose intensive efforts in developing innovative solutions must be safeguarded and preserved.
Substandard 5.3 — Open-Source Assets
Promoting an open asset environment in Europe provides startups with access to technologies that would otherwise be challenging to obtain. In return, startups offer access to their own technology. This unlocks new avenues for innovation by gaining access to reliable and affordable technologies. Opening up access to technology serves as a driving force for development with a spillover effect.
Substandard 5.4 — Tech Transfer Policies
Bridging knowledge and research with companies and commercialisation is critical to the development of innovative solutions, as well as the overall competitiveness of the ecosystem. Policies are therefore necessary to anticipate, facilitate, and actively promote the transfer of this knowledge to the markets, namely to startups.