Effect of Regulatory Compliance on the relationship between Pu
Journal Title: International Journal of Scientific Research and Management - Year 2017, Vol 5, Issue 9
Abstract
The Kenya government has n recent times aggressively advocated for the utilization of public procurement ‘s buying power to stimulate and diffuse innovation, but the additional requirement placed on public procurement has made procurement practitioners cautious about the move given that public procurement is a regulated process whose ultimate agenda is to en sure value for money is achieved. Surprisingly, extant literature on Supply chain Performance in Kenya owned State Corporations has paid much attention to the direct relationship between functional aspects and supply chain performance, to the exclusion of the moderating effect of regulatory compliance on these relationships. This paper sought to examine the effect of regulatory compliance on the relationship between public procurement of innovation and supply chain performance in Kenya owned State Corporati ons. The study employed a cross - sectional census survey design targeting 187 Kenya owned State Corporations. Primary data was collected using close and open ended questionnaires while secondary data was retrieved from Public Procurement Regulatory Authorit y website. The results revealed that regulatory compliance had a positive and statistically significant effect on supply chain performance. The study recommends for regulatory compliance as interventionist measure in the utilisation of public procurement of innovation to stimulate diffusion of innovation
Authors and Affiliations
Bonface Matayo Ratemo
Keywords
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