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Employment Generation and Poverty Alleviation through SME Cluster Development in Bangladesh

Author

Listed:
  • Arfin Ara BEGUM
  • Md. Joynal ABDIN

    (Ministry of Finance, Government of the People’s Republic of Bangladesh, Bangladesh)

Abstract

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.

Suggested Citation

  • Arfin Ara BEGUM & Md. Joynal ABDIN, 2015. "Employment Generation and Poverty Alleviation through SME Cluster Development in Bangladesh," Turkish Economic Review, KSP Journals, vol. 2(1), pages 26-31, March.
    • Handle: RePEc:ksp:journ2:v:2:y:2015:i:1:p:26-31
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    Citations

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    Cited by:

    1. Faiza Manzoor & Longbao Wei & Mohammad Nurunnabi & Qazi Abdul Subhan, 2019. "Role of SME in Poverty Alleviation in SAARC Region via Panel Data Analysis," Sustainability, MDPI, vol. 11(22), pages 1-14, November.

    More about this item

    Keywords

    SME Cluster; Entrepreneurship Development; Clustering; Employment generation through clustering; SME Cluster Development.;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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