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Tenderpreneurship and Business Growth in Developing Countries: A Review of Literature

Author

Listed:
  • Mugambi R.

    (Post graduate Student, School of Business and Entrepreneurship, Jomo Kenyatta University of Agriculture and Technology)

  • GatobuP.

    (Lecturer, School of Business and Entrepreneurship, Jomo Kenyatta University of Agriculture and Technology)

Abstract

This paper theoretically attempts to examine tenderpreneuring in developing countries, by conducting a review of the literature on this practice. The paper endeavours to define ‘tenderpreneuring’ by examining literature, reports, opinion pieces etc on this practice which seems to be spreading rapidly in the public and private sectors in, South Africa, Botswana and Kenya. It also explores the causes of ‘tenderpreneuring’ and how ‘tenderpreneuring’. The paper further attempts to use the theory of accountability to demonstrate that where tendeperpreneuring is practiced, there are potential connotations of poor governance on the part of government or private company officers who award lucrative tenders to tenderpreneurship. The paper concludes by attempting to examine the possible ramifications of ‘tenderpreneuring’. Concisely, it concludes that tenderpreneuring has the potential to condemn the society to poverty at both personal and national level and rob them of their respect and dignity. The discussion from this paper has potential to contribute to policy decision makers on bad governance practices emanating from possibly crooked tendering processes both in the public and private sector under tenderpreneurship.

Suggested Citation

  • Mugambi R. & GatobuP., 2023. "Tenderpreneurship and Business Growth in Developing Countries: A Review of Literature," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(5), pages 1422-1430, May.
  • Handle: RePEc:bcp:journl:v:7:y:2023:i:5:p:1422-1430
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    References listed on IDEAS

    as
    1. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    2. Abdalla Gergis, 1999. "Citizen Economic Empowerment in Botswana: Concepts & Principles," Working Papers 22, Botswana Institute for Development Policy Analysis.
    3. Bovens, Mark, 2006. "Analysing and Assessing Public Accountability. A Conceptual Framework," European Governance Papers (EUROGOV) 1, CONNEX and EUROGOV networks.
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    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. Andrew Gray & Bill Jenkins, 1993. "Codes of Accountability in the New Public Sector," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 6(3), pages 1-1, September.
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