Procurement policy and SME participation in public purchasing
Small business economics, 2022, Vol. 58, No. 1, pp. 383–402
HOEKMAN, Bernard M., TAS, Bedri Kamil Onur, Procurement policy and SME participation in public purchasing, Small business economics, 2022, Vol. 58, No. 1, pp. 383–402 - https://hdl.handle.net/1814/69330
Retrieved from Cadmus, EUI Research Repository
This study investigates the relationship between regulatory policies governing public procurement and participation by small and medium enterprises (SMEs), using a large dataset on European procurement. We find that better quality procurement regulation is associated with greater SME participation and higher probability that SMEs win contracts. Dividing contracts into smaller lots, a key feature of 2014 EU procurement regulation reform, bolsters participation by SMEs but only increases the probability of SMEs winning contracts for small value lots (€25,000 or less). Our results suggest governments seeking to enhance participation by SMEs in public procurement without explicitly favoring SMEs can do so by improving the overall quality of procurement processes.
Published Online: 02 November 2020
Cadmus permanent link: https://hdl.handle.net/1814/69330
Full-text via DOI: 10.1007/s11187-020-00414-z
ISSN: 0921-898X; 1573-0913
Sponsorship and Funder information:
This article was published Open Access with the support from the EUI Library through the CRUI - Springer Transformative Agreement (2020-2024)
Files associated with this item
- Hoekman-Taş2020_Article_Procur ...
- Full-text in Open Access, ...