By Kawana Tatenda Banda and Kasonde ChitutaPublic procurement accounts for a large proportion of overall demand for goods and services.According to a 2009 study done by Uyarra and Flanagan in a paper titled understanding the innovation impacts of public procurement, they argued that public procurement is an attractive and feasible instrument for furthering the goals of innovation policy. Before further discussions, public procurement refers to the acquisition of goods and services by government or public sector organisations.In line with the Bank of Zambia guidelines, public procurement is taken to involve planning, sourcing and acquiring of goods, works, consulting and non-consulting services through the Government’s established system. Public Procurement in Zambia is governed by the Public Procurement Act No. 8 of 2020 and is undertaken by the Zambia Public Procurement Authority (ZPPA).As mentioned by Guerzoni in a study titled the impact of market size and users’ sophistication on innovation published in 2007, public procurement can influence […]
PUBLIC PROCUREMENT: A DRIVE FOR INNOVATIVE MANUFACTURING
