Innovating with Procurement: Solving Market Failures & Creating Industries
Tackling the greatest national challenges facing the United States requires a redoubled commitment to innovation. The United States put astronauts on the moon, split the atom, built the Internet, and sequenced the human genome. But progress has stagnated — and will continue to stagnate if we do not diversify our national approach to innovation. We must not only make investments in emerging technologies, but also experiment with new ways of solving problems.
Learn more about how government agencies can innovate with procurement to construct “marketplaces of outcomes” below.
“Market-shaping mechanisms (MSMs), also known as “demand pull” mechanisms, are excellent tools for catalyzing solutions-oriented innovation.
Read our MSMs primer to learn more and see several examples and forward-looking use-cases to create a “marketplace of outcomes”.
Looking for knowledgable, creative procurement talent? Want to learn more about flexible hiring mechanisms?
FAS' Day One Talent Hub works to identify, match, and deploy technical talent into federal agencies to tackle pressing priorities.
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Innovative Procurement Proposals
The Day One Project engages a diverse community of scientists, technologists, academics, advocates, and industry leaders to think strategically about a vast range of challenges and opportunities in science, technology, and innovation policy. Below, we've collected a set of actionable ideas to advance the industrial policy agenda.
An Open Call for New Ideas
Have thoughts on how to improve government effectiveness through the use of evidence and data? We're always looking for new ideas to expand our policy portfolio.