IDEAS home Printed from https://ideas.repec.org/a/wsi/jecxxx/v21y2013i03ns0218495813500143.html
   My bibliography  Save this article

A TAXONOMY OF APPROACHES FOR PROMOTING SMEsACCESS TO PUBLIC PROCUREMENT MARKET

Author

Listed:
  • TEMIDAYO O. AKENROYE

    (National Institute for Health and Clinical Excellence, National Health Service (NHS), Manchester M1 4BT, United Kingdom)

  • OLUSEYI AJU

    (Department of Business Administration, Kogi State University, P.M.B 1008, Anyigba, Kogi State, Nigeria)

Abstract

In spite of the fact that public procurement is increasingly becoming a popular technique for small business empowerment, there are various challenges facing SMEs in public procurement. Using Nigeria as a platform, this paper examines barriers that hinder SMEs access to public procurement markets. Data were collected from literature review, analysis of documents and semi-structured interviews. The results show that lack of transparency in tendering often discourages SMEs from getting involved in public procurement in Nigeria. It further highlights the need for actions to address issues facing SMEs at different stages of the procurement process. By integrating research findings into existing knowledge, a taxonomy of techniques for enhancing SMEs access to public procurement is proposed. The taxonomy reveals specific schemes and measures to promote SME participation in public procurement. This will offer guidance to governments, policy makers and procurement experts on the implementation of SME-friendly procurement practices. The study adds to the on-going debates on the significance of public procurement policy on SME development.

Suggested Citation

  • Temidayo O. Akenroye & Oluseyi Aju, 2013. "A TAXONOMY OF APPROACHES FOR PROMOTING SMEsACCESS TO PUBLIC PROCUREMENT MARKET," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 21(03), pages 335-357.
    • Handle: RePEc:wsi:jecxxx:v:21:y:2013:i:03:n:s0218495813500143
    DOI: 10.1142/S0218495813500143
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0218495813500143
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0218495813500143?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hall, Bronwyn H. & Lerner, Josh, 2010. "The Financing of R&D and Innovation," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 609-639, Elsevier.
    2. Walter Odhiambo & Paul Kamau, 2003. "Public Procurement: Lessons from Kenya, Tanzania and Uganda," OECD Development Centre Working Papers 208, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Schneider, Sebastian & Reiff, Annika & Schlömer-Laufen, Nadine, 2023. "Mittelstandsfreundliche Gestaltung von öffentlichen Ausschreibungen," IfM-Materialien 301, Institut für Mittelstandsforschung (IfM) Bonn.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hickfang, Michael & Holder, Ulrike, 2018. "The impact of stock options on risk-taking: Founder-CEOs and innovation," Discussion Papers of the Institute for Organisational Economics 12/2018, University of Münster, Institute for Organisational Economics.
    2. Jingyi Zhong & Weide Chun & Wu Deng & Hui Gao, 2023. "Can Mergers and Acquisitions Promote Technological Innovation in the New Energy Industry? An Empirical Analysis Based on China’s Lithium Battery Industry," Sustainability, MDPI, vol. 15(16), pages 1-25, August.
    3. Atal, Vidya & Bar, Talia & Gordon, Sidartha, 2016. "Project selection: Commitment and competition," Games and Economic Behavior, Elsevier, vol. 96(C), pages 30-48.
    4. Cowling, Marc & Ughetto, Elisa & Lee, Neil, 2018. "The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 166-176.
    5. Hirokazu Mizobata & Hiroshi Teruyama, 2020. "Factor Adjustments and Liquidity Management: Evidence from Japan's Two Lost Decades and Financial Crises," KIER Working Papers 1043, Kyoto University, Institute of Economic Research.
    6. Herz, Holger & Schunk, Daniel & Zehnder, Christian, 2014. "How do judgmental overconfidence and overoptimism shape innovative activity?," Games and Economic Behavior, Elsevier, vol. 83(C), pages 1-23.
    7. Ufuk Akcigit & Douglas Hanley & Stefanie Stantcheva, 2022. "Optimal Taxation and R&D Policies," Econometrica, Econometric Society, vol. 90(2), pages 645-684, March.
    8. Qureshi, Irfan & Park, Donghyun & Crespi, Gustavo Atilio & Benavente, Jose Miguel, 2021. "Trends and determinants of innovation in Asia and the Pacific vs. Latin America and the Caribbean," Journal of Policy Modeling, Elsevier, vol. 43(6), pages 1287-1309.
    9. Tan, Xiujie & Yan, Yaxue & Dong, Yuyang, 2022. "Peer effect in green credit induced green innovation: An empirical study from China's Green Credit Guidelines," Resources Policy, Elsevier, vol. 76(C).
    10. Jürgen Janger & Michael Böheim & Martin Falk & Rahel Falk & Werner Hölzl & Daniela Kletzan-Slamanig & Michael Peneder & Andreas Reinstaller & Fabian Unterlass & Gunther Tichy, 2010. "Research and Innovation Policy after the Crisis," Austrian Economic Quarterly, WIFO, vol. 15(4), pages 321-335, December.
    11. Verhoeven, Dennis & Bakker, Jurriën & Veugelers, Reinhilde, 2016. "Measuring technological novelty with patent-based indicators," Research Policy, Elsevier, vol. 45(3), pages 707-723.
    12. Yang Li & Yuanzhu Wang & Rajah Rasiah, 2023. "Research on the Influence of Tax Incentives and Financing Constraints on NEEQ Enterprises’ Innovation," Sustainability, MDPI, vol. 15(3), pages 1-19, February.
    13. de Haas, Ralph & Popov, A., 2018. "Financial Development and Industrial Pollution," Other publications TiSEM a0a4fb82-734a-442a-9ea1-a, Tilburg University, School of Economics and Management.
    14. Çağatay Bircan & Ralph De Haas, 2020. "The Limits of Lending? Banks and Technology Adoption across Russia," The Review of Financial Studies, Society for Financial Studies, vol. 33(2), pages 536-609.
    15. Pietro Moncada-Paternò-Castello, 2022. "Top R&D investors, structural change and the R&D growth performance of young and old firms," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(1), pages 1-33, March.
    16. Didier, Tatiana & Levine, Ross & Llovet Montanes, Ruth & Schmukler, Sergio L., 2021. "Capital market financing and firm growth," Journal of International Money and Finance, Elsevier, vol. 118(C).
    17. Jean Acheson & Rory Malone, 2020. "Respect Your Elders: Evidence from Ireland’s R&D Tax Credit Reform," The Economic and Social Review, Economic and Social Studies, vol. 51(1), pages 105-131.
    18. Kadri Männasoo & Heili Hein, 2017. "Are R&D companies credit-constrained? Credit frictions during and post-crisis," TUT Economic Research Series 29, Department of Finance and Economics, Tallinn University of Technology.
    19. Chiara Pederzoli & Grid Thoma & Costanza Torricelli, 2013. "Modelling Credit Risk for Innovative SMEs: the Role of Innovation Measures," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(1), pages 111-129, August.
    20. Jarko Fidrmuc & Philipp Schreiber & Martin Siddiqui, 2018. "Intangible Assets and the Determinants of a Single Bank Relation of German SMEs," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 4(1), pages 5-30.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jecxxx:v:21:y:2013:i:03:n:s0218495813500143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jec/jec.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.