Which policy instrument utilizes public purchasing power proactively to guide private innovation toward mission goals?
Answer
Outcomes-oriented procurement.
Outcomes-oriented procurement is a market-shaping tool where public purchasing leverage is intentionally used to signal demand for private sector innovations that specifically address the mission objective.
Related Questions
What fundamental mindset shift is required for mission-driven innovation?What two essential characteristics define a successful mission?How do contemporary missions often differ from the classic Apollo program example?What shift in focus defines mission-driven work compared to older innovation policies?What role must the public sector adopt in the mission-driven paradigm?Which policy instrument utilizes public purchasing power proactively to guide private innovation toward mission goals?Given that solutions to contemporary missions are often unknown, what mindset is crucial for effective operation?What coordination requirement links the overarching national mission down to localized initiatives?What concept describes the necessary symbiotic relationship where public investment is balanced by stakeholder commitment to societal outcomes?What structural element is necessary to prevent complex initiatives from reverting to traditional, non-directional methods?What must mission design actively guard against when tackling context-dependent challenges?