Empowering the Small and Medium Enterprises in Bangladesh: Lessons from China
Author(s) : MD. RABIUL ISLAM RABI, S M SALIM REZA, S M SAZID RAIHAN
Abstract
To achieve a double digit growth, Bangladesh requires the right mix of human capital, policy and supportive bureaucratic structures to encourage entrepreneurship. Bangladesh must learn not only to develop and find global markets for its own industrial production, but look for it abroad and bring ideas back to be commoditized at home. The purpose of this article is to extract policy lessons from the SME development of China in the perspective of Bangladesh. The paper draws policy prescriptions to boost entrepreneurship through research, innovation, tax reform, market reform, education and training.
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