Employment Generation and Poverty Alleviation through SME Cluster Development in Bangladesh

Arfin Ara Begum and Md. Joynal Abdin ()
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Md. Joynal Abdin: Ministry of Finance, Government of the People’s Republic of Bangladesh, Bangladesh

Turkish Economic Review, 2015, vol. 2, issue 1, 26-31

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.

Keywords: SME Cluster; Entrepreneurship Development; Clustering; Employment generation through clustering; SME Cluster Development. (search for similar items in EconPapers)
JEL-codes: L1 L11 M1 M2 (search for similar items in EconPapers)
Date: 2015
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