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Introduction to Risk Management in the Public Procurement of Innovation


This guide aims to provide an overview of risk management in the context of public procurement of innovation (PPI). By definition, pursuing an innovative solution is a process that involves a higher degree of uncertainty towards the intended result compared to choosing for a proven solution. These uncertainties often act as a major barrier to innovation. Therefore, risk management is a key success factor within the public procurement of innovation.
Uncertainties in the public procurement of innovation may lead to events with both positive and negative results. Either way, when dealing with innovation a strategy to cope with these risks is important for a successful outcome of the process.

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Introduction to Risk Management in the Public Procurement of Innovation
Management
English
2012
1-12
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