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New version applies from 01/01/2018. 230 provisions change. Later versions: 01/01/2020, 01/01/2022, 01/01/2024, 01/01/2026. Recital 47 changes in this version: compare with the current text.

Recital 47

Recital 47

(47)Research and innovation, including eco-innovation and social innovation, are among the main drivers of future growth and have been put at the centre of the Europe 2020 strategy for smart, sustainable and inclusive growth. Public authorities should make the best strategic use of public procurement to spur innovation. Buying innovative products, works and services plays a key role in improving the efficiency and quality of public services while addressing major societal challenges. It contributes to achieving best value for public money as well as wider economic, environmental and societal benefits in terms of generating new ideas, translating them into innovative products and services and thus promoting sustainable economic growth.

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