Innovative Products Pilot Procurement for Overseas Countries

Event: International Procurement Workshop

Innovative Products Pilot Procurement for Overseas Countries

25 September 2024

Author / Speaker:

Byoung-gun Kim, Korea Institute of Procurement (KIP) - Other materials by the author

As introduced in Lecture 2 yesterday, leveraging the Innovative Products Program, pre-commercialized Innovative Products are purchased with the PPS budget and tested by public entities that are responsible for providing feedback to Innovative Companies. This pilot purchase program can help the products readily join procurement markets and facilitate the development of relevant technology. Also, records with ‘Government Procurement’ are a strong credit. Nowadays, PPS even conducts pilot purchases for international validation to promote overseas expansion and export of Innovative Products.

Type of Content:

Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.