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Technology procurement

image of Technology procurement

Technology procurement is a method of merging public procurement with innovation in order to achieve specific, eg. environmental, benefits. The objective of this report has been to provide a clear and well structured review of Nordic and international experience within technology procurement and recommendations for development and increased use of technology procurement. The many examples from regional, national and supra-national contexts described in this report show that considerable benefits that can be achieved through technology procurement. The report includes a set of recommendations aiming at increased and effective use of technology procurement as a means of supporting environment-friendly and energy-saving technologies in the Nordic coun-tries.

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Executive Summary

“Technology procurement” is a method of merging public procurement with innovation in order to achieve specific (and in this case environmental) benefits. Technology procurement is a bidding process that stimulates and enhances the development and market introduction of an article or a service non-existent on the market, requiring development to fulfil the purchaser’s objectives and demands. In other words, technology procurement is a market-transformation tool stimulating the development and commercialisation of new products that meet specific functional requirements (e.g. energy efficiency) that are not fulfilled by existing products on the market.

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