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2022 | OriginalPaper | Chapter

8. Cluster-Based ICT Industry Development in Bangladesh: National and International Perspectives

Author : Monzur Hossain

Published in: Digital Transformation and Economic Development in Bangladesh

Publisher: Springer Nature Singapore

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Abstract

This chapter reviews the Bangladesh government’s policy of establishing IT park in each district as part of the strategy of developing the IT industry. Though many countries attempted to develop IT sectors through the development of IT parks, they have not been successful equally. Silicon Valley of U.S.A and Bangalore IT Park are exceptions. Considering the benefits and limitations of agglomeration economies, this chapter offers a note of caution that the wholesale policy of IT park establishment across the districts in Bangladesh might be counterproductive. Instead, some selected IT parks with complementary human capital development initiatives could make the policy a success. Furthermore, without attracting FDIs in the IT parks, it would be difficult to attract local entrepreneurs in the IT parks, given the spatial dimension of the parks.

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previous chapter Dynamic Capability and Productivity of ICT Firms in Bangladesh
next chapter Human Capital, Labor Market Outcomes, and Skills Gap in the ICT Sector
Appendix
Available only for authorised users
Footnotes
1
STPs are established in many countries with different names, such as IT/ICT parks, high-tech parks, etc.
 
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Metadata
Title
Cluster-Based ICT Industry Development in Bangladesh: National and International Perspectives
Author
Monzur Hossain
Copyright Year
2022
Publisher
Springer Nature Singapore
Book
Digital Transformation and Economic Development in Bangladesh

Print ISBN: 978-981-19-2752-2

Electronic ISBN: 978-981-19-2753-9

Copyright Year: 2022

DOI
https://doi.org/10.1007/978-981-19-2753-9_8

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