공공조달 성과가 중소기업의 성장에 미치는 영향

초록

This study focuses on the role of demand among growth drivers of small and medium enterprises. In particular, this study regards participation in the public procurement programs as a particular form of demand shock. Then we hypothesize that the higher the procurement dependency, the higher the growth rate. We discuss the following mechanisms: public relations and signaling effects, stimulation of technology and quality, mitigating effects of market uncertainty, and economies of scale and learning effects. As a result of analyzing and 644 participating SMEs of Korea's Excellent Product Designation Policy from 2011 to 2016, we found a supporting evidence for the hypothesis. However, the growth effects of the public procurement participation tend to weaken over time. In conclusion we discuss the contributions and limitations of this study on the literature about the role of demand on firm growth, on one hand, and demand-oriented public procurement, on the other hand.

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