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Keywords: Procurement risk
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Journal Articles
Journal:
Strategic Direction
Strategic Direction (2019) 35 (10): 18–20.
Published: 29 August 2019
... an appropriate apportioning of risk between the parties due to the risky nature of innovation activity, as well as flexibility, and a favorable quality/cost ratio. The public organization is usually the best capitalized party and so can reasonably bear most of the procurement risk, but can protect itself...
