Wednesday, 21 July 2010

National development index to improve innovation in Brazil

Big news: "national development" is now requirement to all governmental purchases and bids.

Currently the bids are made not just on cheapest prices but it is also based on something called "The Preference Margin" which takes into account if the purchase (or acquisition) will generate jobs and collect taxes. Now the development of technological innovation is part of the math and must count 25% of the preference margin index.

According to the Executive Secretary of the Ministry of Science and Technology (MCT), Luiz Antonio Rodrigues Elias, "The measure looks at the power of the purchase of the government as an inductive tool of innovation in Brazil."

Well done Lula!
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