Employment Generation and Poverty Alleviation through SME Cluster Development in Bangladesh
Begum, A.A; Abdin, M.J., Employment Generation and Poverty Alleviation through SME Cluster Development in Bangladesh, Turkish Economic Review, Volume 2, Issue 1 (March 2015)
6 Pages Posted: 24 Mar 2015
Date Written: March 1, 2015
SME Cluster Development could be an emerging force of entrepreneurship development, employment generation and poverty alleviation for any least developed country like Bangladesh. SMEs located at different clusters of Bangladesh are contributing in generating employment and income for the workers and producing import substitute product simultaneously. Realizing the full potential of SME cluster development in Bangladesh, it is important for all stakeholders to sit together and find out a concrete solution for the identified challenges of SME clusters. Recommended action plan could be catalyst to enhance productivity, increase efficiency, quality, acceptability, market linkage of SME products of Bangladesh. The action plan is designed with Short term (up to 3 year), Mid-term (3-5 years) and Long term (5 and more) recommendations for fostering cluster development of SME in Bangladesh with a vision of employment generation and poverty alleviation.
Keywords: SME Cluster, Entrepreneurship Development, Clustering, Employment generation through clustering, SME Cluster Development
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