CHAPTER 6

Conclusion

Support the Local Economy, Regional Infrastructure, and National Productivity Goals

There is a strong case to be made that as Procurement and Purchasing specialists and decision makers, you should put your immediate goals for your company or government body in the wider context of innovation development. How did this innovation come to be? Was it from your immediate regional infrastructure in terms of a tech hub, incubator, or accelerator that has been largely funded by taxpayers’ money? Is the new venture a privately owned startup with transparency over who owns the intellectual property? Or is it a spin-out from a large corporation or a university, which means the entrepreneurs do not necessarily own the IP completely? ...

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