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Last edited 10 Mar 2022
OECD Survey on Public Procurement, Glossary of key terms, published by the Organisation for Economic Co-operation and Development (OECD) in 2016, defines innovative goods or innovative services as: ‘…those characterised by a new or significantly improved product, process. For an innovation to be considered as such, it needs to have been implemented, which is interpreted as having been introduced on the market.’
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