View metadata

dc.titleSupply-side versus Demand-side Innovation Policies: Exploring the Impacts of Public Procurement of Innovation in Peru
dc.contributor.authorCrespi, Gustavo
dc.contributor.authorCastillo, Rafael
dc.contributor.orgunitCompetitiveness, Technology and Innovation Division
dc.coveragePeru
dc.coverageLatin America and the Caribbean
dc.coverageSouth America
dc.date.available2022-07-07T00:07:00
dc.date.issue2022-07-07T00:07:00
dc.description.abstractThis paper exploits new data on the participation of Peruvian firms on public tenders to shed light on the potential for public procurement to encourage innovation. Many industrialized countries have gradually enlarged their innovation policy mix to include demand-side interventions, among them the use of public procurement to stimulate innovation investment at the firm level. Latin America, though, exhibits an unbalanced policy mix with little deployment of policy interventions that tackle the conditions that affect the demand for innovation. Using nonexperimental impact evaluation techniques, this research not only assesses the impacts of participating in public procurement projects on firm-level innovation efforts and outcomes but also compares these impacts with traditional supply-side approaches. The findings suggest that public procurement has a significant impact on innovation outcomes, but the results only hold when public procurement requires the development of new solutions. Regular or noninnovative public procurement does not show any impact on firm-level innovation.
dc.format.extent31
dc.identifier.doihttp://dx.doi.org/10.18235/0004348
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Supply-side-versus-Demand-side-Innovation-Policies--Exploring-the-Impacts-of-Public-Procurement-of-Innovation-in-Peru.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectInnovation
dc.subjectBusiness Productivity
dc.subjectEconomic Development
dc.subjectResearch and Development
dc.subjectSmall Business
dc.subjectSustainable Growth
dc.subjectPublic Procurement
dc.subjectInnovation Activity
dc.subjectInnovation Policy
dc.subjectInvestment
dc.subjectScience and Technology
dc.subject.jelcodeL10 - Market Structure, Firm Strategy, and Market Performance: General
dc.subject.jelcodeL20 - Firm Objectives, Organization, and Behavior: General
dc.subject.jelcodeL50 - Regulation and Industrial Policy: General
dc.subject.jelcodeH40 - Publicly Provided Goods: General
dc.subject.jelcodeO30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General
dc.subject.keywordspublic procurement of innovation;public support programs;supply-side and demand-side policies;innovation;Peru;tax credits
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02503
idb.operationRG-T3389
Return to Publication